Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Large Volume Increase – Still a Buy?

Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCBGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 289,239 shares were traded during mid-day trading, a decline of 36% from the previous session’s volume of 453,827 shares.The stock last traded at $21.16 and had previously closed at $21.13.

Franklin U.S. Core Bond ETF Trading Up 0.3%

The company has a fifty day moving average price of $21.29 and a 200 day moving average price of $21.49.

Hedge Funds Weigh In On Franklin U.S. Core Bond ETF

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in shares of Franklin U.S. Core Bond ETF by 6.6% during the 1st quarter. Royal Bank of Canada now owns 60,053 shares of the company’s stock worth $1,291,000 after acquiring an additional 3,707 shares during the last quarter. NewEdge Advisors LLC boosted its holdings 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 purchasing an additional 35,318 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Franklin U.S. Core Bond ETF by 387.9% during the 2nd quarter. Raymond James Financial Inc. now owns 297,437 shares of the company’s stock valued at $6,401,000 after purchasing an additional 236,473 shares during the last quarter. Natixis Advisors LLC increased its position in shares of Franklin U.S. Core Bond ETF by 51.7% during the 3rd quarter. Natixis Advisors LLC now owns 73,696 shares of the company’s stock valued at $1,601,000 after purchasing an additional 25,100 shares during the last quarter. Finally, Brooklyn Investment Group raised its holdings in shares of Franklin U.S. Core Bond ETF by 1,246.7% during the 3rd quarter. Brooklyn Investment Group now owns 22,598 shares of the company’s stock valued at $491,000 after buying an additional 20,920 shares in the last quarter.

Franklin U.S. Core Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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.