Janney Montgomery Scott LLC lessened its position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Free Report) by 3.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,189,598 shares of the company’s stock after selling 69,793 shares during the quarter. Janney Montgomery Scott LLC owned approximately 2.59% of Franklin U.S. Core Bond ETF worth $46,179,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter valued at $203,000. B. Riley Wealth Advisors Inc. purchased a new stake in Franklin U.S. Core Bond ETF in the 3rd quarter worth about $260,000. First Citizens Financial Corp acquired a new stake in Franklin U.S. Core Bond ETF during the 4th quarter worth about $308,000. Natixis Advisors LLC purchased a new position in Franklin U.S. Core Bond ETF during the 3rd quarter valued at about $360,000. Finally, Park Avenue Securities LLC increased its holdings in shares of Franklin U.S. Core Bond ETF by 31.8% in the 3rd quarter. Park Avenue Securities LLC now owns 21,355 shares of the company’s stock valued at $470,000 after purchasing an additional 5,147 shares during the period.
Franklin U.S. Core Bond ETF Stock Performance
FLCB stock opened at $21.06 on Friday. The firm has a 50 day simple moving average of $21.20 and a 200 day simple moving average of $21.50. Franklin U.S. Core Bond ETF has a 52 week low of $20.66 and a 52 week high of $22.17.
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.
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