Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Strong Trading Volume

Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw unusually-high trading volume on Wednesday . Approximately 641,609 shares were traded during mid-day trading, an increase of 169% from the previous session’s volume of 238,287 shares.The stock last traded at $21.10 and had previously closed at $21.01.

Franklin U.S. Core Bond ETF Trading Up 0.4 %

The business’s fifty day moving average is $21.06 and its 200-day moving average is $21.19.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FLCB. Smithfield Trust Co bought a new position in shares of Franklin U.S. Core Bond ETF in the fourth quarter valued at approximately $301,000. International Assets Investment Management LLC purchased a new position in shares of Franklin U.S. Core Bond ETF during the 4th quarter valued at $528,000. Clearbridge Investments LLC increased its holdings in shares of Franklin U.S. Core Bond ETF by 3.2% in the first quarter. Clearbridge Investments LLC now owns 28,388 shares of the company’s stock worth $606,000 after purchasing an additional 875 shares during the period. Atria Wealth Solutions Inc. raised its position in shares of Franklin U.S. Core Bond ETF by 6.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 54,184 shares of the company’s stock worth $1,171,000 after buying an additional 3,161 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its stake in Franklin U.S. Core Bond ETF by 31.9% during the fourth quarter. CENTRAL TRUST Co now owns 57,612 shares of the company’s stock valued at $1,246,000 after buying an additional 13,945 shares during the period.

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.