Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 55,447 shares, a decrease of 78.1% from the May 14th total of 253,038 shares. Based on an average daily volume of 457,424 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Franklin U.S. Core Bond ETF Trading Up 0.6%
Shares of Franklin U.S. Core Bond ETF stock traded up $0.12 on Thursday, hitting $21.37. 271,529 shares of the company were exchanged, compared to its average volume of 464,817. The company has a 50-day moving average price of $21.40 and a 200 day moving average price of $21.57. Franklin U.S. Core Bond ETF has a 1-year low of $21.09 and a 1-year high of $21.96.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its holdings in shares of Franklin U.S. Core Bond ETF by 44.5% during the 1st quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock worth $68,084,000 after purchasing an additional 975,606 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of Franklin U.S. Core Bond ETF by 11.2% during the 1st quarter. Sanctuary Advisors LLC now owns 3,081,221 shares of the company’s stock worth $66,215,000 after purchasing an additional 311,379 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Franklin U.S. Core Bond ETF by 8.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,378,561 shares of the company’s stock worth $51,115,000 after purchasing an additional 189,498 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Franklin U.S. Core Bond ETF by 13.3% during the 1st quarter. Bank of America Corp DE now owns 2,185,462 shares of the company’s stock worth $46,966,000 after purchasing an additional 257,025 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Franklin U.S. Core Bond ETF by 20.0% in the 4th quarter. LPL Financial LLC now owns 1,259,704 shares of the company’s stock valued at $27,241,000 after buying an additional 209,966 shares during the period.
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.
Featured Stories
- Five stocks we like better than Franklin U.S. Core Bond ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
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.
-logo-1200x675.png){kind=logo}
