Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Unusually-High Trading Volume – Here’s What Happened

Franklin U.S. Core Bond ETF (NYSEARCA:FLCBGet Free Report) saw an uptick in trading volume on Tuesday . 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 Price Performance

The firm’s 50 day simple moving average is $21.29 and its two-hundred day simple moving average is $21.49.

Institutional Investors Weigh In On Franklin U.S. Core Bond ETF

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its position 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 worth $1,291,000 after acquiring an additional 3,707 shares during the last quarter. NewEdge Advisors LLC lifted its position in Franklin U.S. Core Bond ETF by 1,614.2% in the first 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 during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Franklin U.S. Core Bond ETF by 387.9% during the second 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 period. Natixis Advisors LLC boosted its stake in shares of Franklin U.S. Core Bond ETF by 51.7% during the third 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 period. Finally, Brooklyn Investment Group grew its holdings in shares of Franklin U.S. Core Bond ETF by 1,246.7% in the third quarter. Brooklyn Investment Group now owns 22,598 shares of the company’s stock worth $491,000 after purchasing an additional 20,920 shares during the last quarter.

About Franklin U.S. Core Bond ETF

(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

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