Cullen Frost Bankers Inc. Has $655,000 Holdings in Franklin U.S. Core Bond ETF $FLCB

Cullen Frost Bankers Inc. cut its stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 3.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,426 shares of the company’s stock after selling 1,048 shares during the period. Cullen Frost Bankers Inc.’s holdings in Franklin U.S. Core Bond ETF were worth $655,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FLCB. IFP Advisors Inc increased its holdings in Franklin U.S. Core Bond ETF by 14.1% during the 2nd quarter. IFP Advisors Inc now owns 7,983 shares of the company’s stock valued at $172,000 after purchasing an additional 986 shares in the last quarter. First Citizens Financial Corp increased its holdings in Franklin U.S. Core Bond ETF by 3.7% during the 2nd quarter. First Citizens Financial Corp now owns 21,338 shares of the company’s stock valued at $459,000 after purchasing an additional 762 shares in the last quarter. Jane Street Group LLC increased its holdings in Franklin U.S. Core Bond ETF by 653.3% during the 1st quarter. Jane Street Group LLC now owns 543,306 shares of the company’s stock valued at $11,678,000 after purchasing an additional 471,184 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Franklin U.S. Core Bond ETF by 1,614.2% during the 1st quarter. NewEdge Advisors LLC now owns 37,506 shares of the company’s stock valued at $806,000 after purchasing an additional 35,318 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in 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 valued at $1,291,000 after purchasing an additional 3,707 shares in the last quarter.

Franklin U.S. Core Bond ETF Stock Up 0.2%

FLCB stock opened at $21.92 on Friday. The business has a fifty day moving average price of $21.70 and a 200 day moving average price of $21.43. Franklin U.S. Core Bond ETF has a fifty-two week low of $20.80 and a fifty-two week high of $21.95.

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.