Raymond James Financial Inc. Takes $1.11 Million Position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

Raymond James Financial Inc. bought a new position in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 52,820 shares of the company’s stock, valued at approximately $1,114,000. Raymond James Financial Inc. owned about 0.06% of Franklin U.S. Core Bond ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FLCB. Envestnet Asset Management Inc. increased its stake in Franklin U.S. Core Bond ETF by 4.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,007,636 shares of the company’s stock valued at $21,251,000 after purchasing an additional 43,559 shares during the period. Wells Fargo & Company MN lifted its holdings in Franklin U.S. Core Bond ETF by 91.8% in the fourth quarter. Wells Fargo & Company MN now owns 14,447 shares of the company’s stock valued at $305,000 after acquiring an additional 6,916 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Franklin U.S. Core Bond ETF by 8.8% in the fourth quarter. JPMorgan Chase & Co. now owns 884,692 shares of the company’s stock valued at $18,658,000 after purchasing an additional 71,517 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Franklin U.S. Core Bond ETF by 6.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 169,251 shares of the company’s stock worth $3,570,000 after buying an additional 10,963 shares during the period. Finally, Natixis Advisors LLC grew its holdings in shares of Franklin U.S. Core Bond ETF by 41.3% in the 4th quarter. Natixis Advisors LLC now owns 23,083 shares of the company’s stock worth $487,000 after acquiring an additional 6,744 shares during the period.

Franklin U.S. Core Bond ETF Stock Down 0.5 %

Shares of FLCB stock opened at $21.24 on Monday. The stock has a fifty day moving average price of $21.36 and a 200 day moving average price of $21.28. Franklin U.S. Core Bond ETF has a 1 year low of $20.80 and a 1 year high of $22.17.

Franklin U.S. Core Bond ETF Company Profile

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.