Franklin U.S. Core Bond ETF $FLCB Shares Sold by Assetmark Inc.

Assetmark Inc. lowered its stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 30.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 353,081 shares of the company’s stock after selling 157,499 shares during the period. Assetmark Inc.’s holdings in Franklin U.S. Core Bond ETF were worth $7,669,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC grew its holdings in shares of Franklin U.S. Core Bond ETF by 2.0% in the 2nd quarter. NewEdge Advisors LLC now owns 38,243 shares of the company’s stock worth $823,000 after acquiring an additional 737 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in shares of Franklin U.S. Core Bond ETF by 2.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 31,182 shares of the company’s stock valued at $677,000 after purchasing an additional 756 shares during the period. Root Financial Partners LLC purchased a new position in Franklin U.S. Core Bond ETF in the 3rd quarter worth about $38,000. CWM LLC purchased a new position in Franklin U.S. Core Bond ETF in the 3rd quarter worth about $50,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Franklin U.S. Core Bond ETF during the 3rd quarter worth about $52,000.

Franklin U.S. Core Bond ETF Trading Up 0.3%

Shares of FLCB opened at $21.86 on Tuesday. Franklin U.S. Core Bond ETF has a one year low of $20.89 and a one year high of $21.95. The company has a 50-day moving average of $21.67 and a two-hundred day moving average of $21.68.

Franklin U.S. Core Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0808 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%. This is a positive change from Franklin U.S. Core Bond ETF’s previous monthly dividend of $0.07.

Franklin U.S. Core Bond ETF 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.