Bank of New York Mellon Corp boosted its position in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Free Report) by 44.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,168,185 shares of the company’s stock after purchasing an additional 975,606 shares during the period. Bank of New York Mellon Corp owned approximately 2.33% of Franklin U.S. Core Bond ETF worth $68,084,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in Franklin U.S. Core Bond ETF in the third quarter valued at approximately $52,000. Kestra Advisory Services LLC purchased a new position in Franklin U.S. Core Bond ETF in the fourth quarter worth approximately $78,000. Orion Porfolio Solutions LLC acquired a new stake in Franklin U.S. Core Bond ETF during the fourth quarter worth $212,000. IFP Advisors Inc increased its stake in Franklin U.S. Core Bond ETF by 26.8% during the third quarter. IFP Advisors Inc now owns 10,119 shares of the company’s stock worth $220,000 after acquiring an additional 2,136 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in Franklin U.S. Core Bond ETF by 185.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,203 shares of the company’s stock worth $242,000 after acquiring an additional 7,284 shares during the last quarter.
Franklin U.S. Core Bond ETF Stock Performance
NYSEARCA:FLCB opened at $21.11 on Thursday. Franklin U.S. Core Bond ETF has a 52 week low of $21.09 and a 52 week high of $21.96. The stock’s fifty day moving average is $21.30 and its two-hundred day moving average is $21.50.
About Franklin U.S. Core Bond ETF
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.
See Also
- Five stocks we like better than Franklin U.S. Core Bond ETF
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding FLCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Free Report).
Receive News & Ratings for Franklin U.S. Core Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Core Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
