Bank of New York Mellon Corp Buys 67,048 Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

Bank of New York Mellon Corp increased its stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 4.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,501,385 shares of the company’s stock after acquiring an additional 67,048 shares during the period. Bank of New York Mellon Corp owned about 1.26% of Franklin U.S. Core Bond ETF worth $32,272,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. World Investment Advisors bought a new stake in Franklin U.S. Core Bond ETF in the first quarter valued at approximately $262,000. Convergence Financial LLC grew its position in shares of Franklin U.S. Core Bond ETF by 5.0% in the first quarter. Convergence Financial LLC now owns 1,268,374 shares of the company’s stock valued at $27,264,000 after purchasing an additional 60,096 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of Franklin U.S. Core Bond ETF by 5.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 178,103 shares of the company’s stock valued at $3,828,000 after purchasing an additional 8,852 shares during the last quarter. CENTRAL TRUST Co grew its position in shares of Franklin U.S. Core Bond ETF by 9.9% in the first quarter. CENTRAL TRUST Co now owns 157,733 shares of the company’s stock valued at $3,390,000 after purchasing an additional 14,184 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of Franklin U.S. Core Bond ETF by 3.3% in the first quarter. Janney Montgomery Scott LLC now owns 2,261,778 shares of the company’s stock valued at $48,617,000 after purchasing an additional 72,180 shares during the last quarter.

Franklin U.S. Core Bond ETF Stock Down 0.3%

Franklin U.S. Core Bond ETF stock opened at $21.20 on Wednesday. Franklin U.S. Core Bond ETF has a 12 month low of $20.80 and a 12 month high of $22.17. The stock’s 50 day moving average is $21.25 and its 200-day moving average is $21.25.

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.