Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $20.69 and last traded at $20.73, with a volume of 396759 shares trading hands. The stock had previously closed at $20.75.
Franklin U.S. Core Bond ETF Stock Performance
The firm has a fifty day simple moving average of $21.05 and a two-hundred day simple moving average of $21.30.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of FLCB. Capital Analysts LLC increased its position in Franklin U.S. Core Bond ETF by 53,195.9% in the second quarter. Capital Analysts LLC now owns 219,579 shares of the company’s stock worth $4,699,000 after purchasing an additional 219,167 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Franklin U.S. Core Bond ETF during the second quarter valued at $48,000. RFG Advisory LLC bought a new position in Franklin U.S. Core Bond ETF during the second quarter valued at $3,965,000. NewEdge Advisors LLC grew its stake in shares of Franklin U.S. Core Bond ETF by 11.2% in the 2nd quarter. NewEdge Advisors LLC now owns 80,454 shares of the company’s stock worth $1,722,000 after buying an additional 8,119 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Franklin U.S. Core Bond ETF in the 2nd quarter worth $9,607,000.
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.
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