Park Avenue Securities LLC Has $487,000 Stock Position in Franklin U.S. Core Bond ETF $FLCB

Park Avenue Securities LLC decreased its position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 12.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,650 shares of the company’s stock after selling 3,156 shares during the period. Park Avenue Securities LLC’s holdings in Franklin U.S. Core Bond ETF were worth $487,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in FLCB. IFP Advisors Inc raised its holdings in 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 acquiring an additional 2,955 shares in the last quarter. Avantax Advisory Services Inc. acquired a new position in shares of Franklin U.S. Core Bond ETF in the 1st quarter worth approximately $260,000. World Investment Advisors acquired a new position in shares of Franklin U.S. Core Bond ETF in the 1st quarter worth approximately $262,000. Farther Finance Advisors LLC acquired a new position in shares of Franklin U.S. Core Bond ETF in the 1st quarter worth approximately $263,000. Finally, First Citizens Financial Corp raised its holdings in shares of Franklin U.S. Core Bond ETF by 3.7% in the 2nd quarter. First Citizens Financial Corp now owns 21,338 shares of the company’s stock worth $459,000 after buying an additional 762 shares in the last quarter.

Franklin U.S. Core Bond ETF Price Performance

Shares of FLCB opened at $21.74 on Tuesday. Franklin U.S. Core Bond ETF has a 1 year low of $20.80 and a 1 year high of $22.06. The stock has a 50 day simple moving average of $21.56 and a 200-day simple moving average of $21.38.

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.