Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Short Interest Down 47.6% in February

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 18,460 shares, a decline of 47.6% from the January 29th total of 35,228 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 342,455 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 342,455 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FLCB. Franklin Resources Inc. boosted its holdings in Franklin U.S. Core Bond ETF by 9.6% in 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 period. Hantz Financial Services Inc. lifted its position in shares of 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 acquiring an additional 858,541 shares in the last quarter. Sequent Planning LLC bought a new position in shares of Franklin U.S. Core Bond ETF in the third quarter worth about $16,774,000. MGO One Seven LLC boosted its stake in shares of Franklin U.S. Core Bond ETF by 2,298.7% in the fourth quarter. MGO One Seven LLC now owns 377,895 shares of the company’s stock worth $8,172,000 after acquiring an additional 362,141 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF during the third quarter worth about $6,391,000.

Franklin U.S. Core Bond ETF Stock Performance

Shares of FLCB opened at $21.91 on Friday. The business has a 50-day simple moving average of $21.70 and a two-hundred day simple moving average of $21.70. 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. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0808 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, February 2nd. This is a positive change 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.