CENTRAL TRUST Co Raises Stake in Franklin U.S. Core Bond ETF $FLCB

CENTRAL TRUST Co boosted its stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 14.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 189,203 shares of the company’s stock after buying an additional 24,580 shares during the quarter. CENTRAL TRUST Co owned approximately 0.15% of Franklin U.S. Core Bond ETF worth $4,109,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Atria Investments Inc boosted its stake in Franklin U.S. Core Bond ETF by 79.4% in the third quarter. Atria Investments Inc now owns 174,200 shares of the company’s stock valued at $3,784,000 after acquiring an additional 77,107 shares during the last quarter. Smartleaf Asset Management LLC bought a new stake in shares of Franklin U.S. Core Bond ETF in the 3rd quarter worth approximately $4,379,000. Envestnet Asset Management Inc. lifted its stake in Franklin U.S. Core Bond ETF by 0.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,176,604 shares of the company’s stock valued at $25,556,000 after purchasing an additional 9,610 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Franklin U.S. Core Bond ETF by 43.9% in the third quarter. Hantz Financial Services Inc. now owns 2,814,763 shares of the company’s stock valued at $61,137,000 after purchasing an additional 858,541 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Franklin U.S. Core Bond ETF by 29.1% during the third quarter. Jones Financial Companies Lllp now owns 1,053,148 shares of the company’s stock valued at $22,811,000 after purchasing an additional 237,122 shares during the period.

Franklin U.S. Core Bond ETF Stock Performance

Shares of FLCB opened at $21.86 on Friday. The stock’s fifty day moving average price is $21.66 and its two-hundred day moving average price is $21.67. Franklin U.S. Core Bond ETF has a 1 year low of $20.89 and a 1 year high of $21.95.

Franklin U.S. Core Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0808 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%. This is an increase from Franklin U.S. Core Bond ETF’s previous monthly dividend of $0.07.

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.