Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 136,924 shares, a growth of 267.4% from the September 15th total of 37,265 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 537,733 shares, the days-to-cover ratio is currently 0.3 days.
Hedge Funds Weigh In On Franklin U.S. Core Bond ETF
A number of institutional investors have recently modified their holdings of FLCB. Integrated Wealth Concepts LLC bought a new stake in shares of Franklin U.S. Core Bond ETF in the second quarter valued at approximately $48,000. Fifth Third Bancorp acquired a new position in Franklin U.S. Core Bond ETF in the first quarter worth about $335,000. Compound Planning Inc. acquired a new position in shares of Franklin U.S. Core Bond ETF in the 1st quarter worth approximately $374,000. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Franklin U.S. Core Bond ETF by 43.7% during the first quarter. Nations Financial Group Inc. IA ADV now owns 33,758 shares of the company’s stock valued at $725,000 after acquiring an additional 10,261 shares during the period. Finally, Private Advisor Group LLC boosted its position in 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 Stock Down 0.1%
Shares of FLCB stock traded down $0.02 during trading hours on Friday, reaching $20.41. 1,051,290 shares of the stock traded hands, compared to its average volume of 475,110. Franklin U.S. Core Bond ETF has a 1-year low of $20.25 and a 1-year high of $21.96. The business has a fifty day moving average price of $20.83 and a 200 day moving average price of $21.17.
Franklin U.S. Core Bond ETF Company Profile
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.
Recommended Stories
- Five stocks we like better than Franklin U.S. Core Bond ETF
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
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.
