Cullen Frost Bankers Inc. Sells 1,048 Shares of Franklin U.S. Core Bond ETF $FLCB

Cullen Frost Bankers Inc. lowered its position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 3.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,426 shares of the company’s stock after selling 1,048 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Franklin U.S. Core Bond ETF were worth $655,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. IFP Advisors Inc lifted its position in shares of Franklin U.S. Core Bond ETF by 14.1% in the 2nd quarter. IFP Advisors Inc now owns 7,983 shares of the company’s stock worth $172,000 after acquiring an additional 986 shares during the period. First Citizens Financial Corp lifted its position in shares of Franklin U.S. Core Bond ETF by 3.7% in the 2nd quarter. First Citizens Financial Corp now owns 21,338 shares of the company’s stock worth $459,000 after acquiring an additional 762 shares during the period. Jane Street Group LLC lifted its position in shares of Franklin U.S. Core Bond ETF by 653.3% in the 1st quarter. Jane Street Group LLC now owns 543,306 shares of the company’s stock worth $11,678,000 after acquiring an additional 471,184 shares during the period. NewEdge Advisors LLC lifted its position in shares of Franklin U.S. Core Bond ETF by 1,614.2% in 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 period. Finally, Royal Bank of Canada raised its holdings in shares of Franklin U.S. Core Bond ETF by 6.6% in the 1st 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 in the last quarter.

Franklin U.S. Core Bond ETF Price Performance

Shares of FLCB opened at $21.92 on Friday. Franklin U.S. Core Bond ETF has a 1 year low of $20.80 and a 1 year high of $21.95. The stock has a 50 day simple moving average of $21.70 and a 200-day simple moving average of $21.43.

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.