Allworth Financial LP Sells 23,787 Shares of Franklin U.S. Core Bond ETF $FLCB

Allworth Financial LP lowered its stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 3.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 672,596 shares of the company’s stock after selling 23,787 shares during the quarter. Allworth Financial LP owned about 0.53% of Franklin U.S. Core Bond ETF worth $14,609,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in Franklin U.S. Core Bond ETF by 6.6% during the first quarter. Royal Bank of Canada now owns 60,053 shares of the company’s stock worth $1,291,000 after buying an additional 3,707 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Franklin U.S. Core Bond ETF by 1,614.2% during the 1st quarter. NewEdge Advisors LLC now owns 37,506 shares of the company’s stock worth $806,000 after acquiring an additional 35,318 shares during the last quarter. Cetera Investment Advisers boosted its stake in Franklin U.S. Core Bond ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 468,535 shares of the company’s stock worth $10,083,000 after acquiring an additional 5,974 shares during the last quarter. TD Waterhouse Canada Inc. grew its holdings in Franklin U.S. Core Bond ETF by 189.4% during the second quarter. TD Waterhouse Canada Inc. now owns 109,652 shares of the company’s stock valued at $2,351,000 after purchasing an additional 71,765 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Franklin U.S. Core Bond ETF by 10.4% in the second quarter. JPMorgan Chase & Co. now owns 946,897 shares of the company’s stock valued at $20,377,000 after purchasing an additional 89,345 shares in the last quarter.

Franklin U.S. Core Bond ETF Trading Up 0.1%

FLCB opened at $21.54 on Friday. The firm’s fifty day moving average is $21.70 and its two-hundred day moving average is $21.71. Franklin U.S. Core Bond ETF has a twelve month low of $20.89 and a twelve month high of $21.96.

Franklin U.S. Core Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.0663 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.