Assetmark Inc. Decreases Stock Holdings in Franklin U.S. Core Bond ETF $FLCB

Assetmark Inc. decreased its position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 30.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 353,081 shares of the company’s stock after selling 157,499 shares during the quarter. Assetmark Inc. owned 0.28% of Franklin U.S. Core Bond ETF worth $7,669,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. lifted its holdings in Franklin U.S. Core Bond ETF by 9.6% during the 2nd quarter. Franklin Resources Inc. now owns 81,487,315 shares of the company’s stock worth $1,753,607,000 after buying an additional 7,134,359 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Franklin U.S. Core Bond ETF by 43.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,814,763 shares of the company’s stock valued at $61,137,000 after acquiring an additional 858,541 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Franklin U.S. Core Bond ETF by 29.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,053,148 shares of the company’s stock valued at $22,811,000 after acquiring an additional 237,122 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Franklin U.S. Core Bond ETF by 387.9% during the second quarter. Raymond James Financial Inc. now owns 297,437 shares of the company’s stock worth $6,401,000 after purchasing an additional 236,473 shares during the last quarter. Finally, Smartleaf Asset Management LLC acquired a new position in Franklin U.S. Core Bond ETF in the third quarter worth $4,379,000.

Franklin U.S. Core Bond ETF Stock Performance

Shares of FLCB stock opened at $21.86 on Tuesday. The business has a 50 day moving average of $21.67 and a two-hundred day moving average of $21.68. Franklin U.S. Core Bond ETF has a 52 week low of $20.89 and a 52 week high of $21.95.

Franklin U.S. Core Bond ETF Increases Dividend

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

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.