Geneos Wealth Management Inc. Sells 1,518 Shares of Franklin U.S. Core Bond ETF $FLCB

Geneos Wealth Management Inc. cut its holdings in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 5.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,162 shares of the company’s stock after selling 1,518 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Franklin U.S. Core Bond ETF were worth $541,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in shares of Franklin U.S. Core Bond ETF in the 1st quarter valued at about $263,000. Park Avenue Securities LLC raised its holdings in shares of Franklin U.S. Core Bond ETF by 11.7% in the 1st quarter. Park Avenue Securities LLC now owns 25,806 shares of the company’s stock valued at $555,000 after purchasing an additional 2,696 shares during the period. Citadel Advisors LLC raised its holdings in shares of Franklin U.S. Core Bond ETF by 3.5% in the 4th quarter. Citadel Advisors LLC now owns 64,450 shares of the company’s stock valued at $1,359,000 after purchasing an additional 2,169 shares during the period. Natixis Advisors LLC raised its holdings in shares of Franklin U.S. Core Bond ETF by 91.0% in the 1st quarter. Natixis Advisors LLC now owns 44,096 shares of the company’s stock valued at $948,000 after purchasing an additional 21,013 shares during the period. Finally, IFP Advisors Inc raised its holdings in shares of Franklin U.S. Core Bond ETF by 73.1% in the 1st quarter. IFP Advisors Inc now owns 6,997 shares of the company’s stock valued at $150,000 after purchasing an additional 2,955 shares during the period.

Franklin U.S. Core Bond ETF Price Performance

Shares of FLCB stock opened at $21.79 on Monday. The firm’s 50-day moving average is $21.45 and its 200-day moving average is $21.35. Franklin U.S. Core Bond ETF has a 52-week low of $20.80 and a 52-week high of $22.17.

Franklin U.S. Core Bond ETF 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.