Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 136,924 shares, an increase of 267.4% from the September 15th total of 37,265 shares. Based on an average daily volume of 537,733 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.
Institutional Trading of Franklin U.S. Core Bond ETF
A number of institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC bought a new stake in Franklin U.S. Core Bond ETF during the second quarter worth approximately $48,000. Fifth Third Bancorp bought a new position in shares of Franklin U.S. Core Bond ETF in the first quarter valued at $335,000. Compound Planning Inc. bought a new position in shares of Franklin U.S. Core Bond ETF in the first quarter valued at $374,000. Nations Financial Group Inc. IA ADV increased its holdings in shares of Franklin U.S. Core Bond ETF by 43.7% in the first quarter. Nations Financial Group Inc. IA ADV now owns 33,758 shares of the company’s stock valued at $725,000 after buying an additional 10,261 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of Franklin U.S. Core Bond ETF by 4.1% in the first quarter. Private Advisor Group LLC now owns 44,150 shares of the company’s stock valued at $949,000 after buying an additional 1,726 shares in the last quarter.
Franklin U.S. Core Bond ETF Price Performance
FLCB traded down $0.02 during trading on Friday, reaching $20.41. 1,051,290 shares of the company were exchanged, compared to its average volume of 475,110. Franklin U.S. Core Bond ETF has a 52 week low of $20.25 and a 52 week high of $21.96. The firm has a 50 day moving average of $20.83 and a 200 day moving average of $21.17.
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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