Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Large Volume Increase

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw an uptick in trading volume on Wednesday . 641,609 shares traded hands during mid-day trading, an increase of 169% from the previous session’s volume of 238,287 shares.The stock last traded at $21.10 and had previously closed at $21.01.

Franklin U.S. Core Bond ETF Trading Up 0.4 %

The company has a 50 day moving average of $21.06 and a 200 day moving average of $21.19.

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

A number of large investors have recently modified their holdings of FLCB. Clearbridge Investments LLC increased its stake in Franklin U.S. Core Bond ETF by 3.2% in the first quarter. Clearbridge Investments LLC now owns 28,388 shares of the company’s stock valued at $606,000 after purchasing an additional 875 shares during the last quarter. Atria Wealth Solutions Inc. grew its position in shares of Franklin U.S. Core Bond ETF by 6.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 54,184 shares of the company’s stock valued at $1,171,000 after buying an additional 3,161 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Franklin U.S. Core Bond ETF by 11.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 76,482 shares of the company’s stock valued at $1,654,000 after acquiring an additional 7,579 shares during the last quarter. Smithfield Trust Co purchased a new stake in Franklin U.S. Core Bond ETF in the fourth quarter valued at $301,000. Finally, CENTRAL TRUST Co boosted its stake in Franklin U.S. Core Bond ETF by 31.9% in the fourth quarter. CENTRAL TRUST Co now owns 57,612 shares of the company’s stock valued at $1,246,000 after acquiring an additional 13,945 shares in the last quarter.

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.