Assetmark Inc. Has $11 Million Holdings in Franklin U.S. Core Bond ETF $FLCB

Assetmark Inc. grew its holdings in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 15.3% during the 1st quarter, Holdings Channel reports. The firm owned 511,672 shares of the company’s stock after purchasing an additional 67,987 shares during the period. Assetmark Inc.’s holdings in Franklin U.S. Core Bond ETF were worth $10,996,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FLCB. Bank of New York Mellon Corp raised its stake in shares of Franklin U.S. Core Bond ETF by 44.5% during the first quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock worth $68,084,000 after buying an additional 975,606 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in Franklin U.S. Core Bond ETF by 11.2% in the first quarter. Sanctuary Advisors LLC now owns 3,081,221 shares of the company’s stock valued at $66,215,000 after acquiring an additional 311,379 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Franklin U.S. Core Bond ETF by 8.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,378,561 shares of the company’s stock worth $51,115,000 after acquiring an additional 189,498 shares during the period. LPL Financial LLC grew its holdings in Franklin U.S. Core Bond ETF by 20.0% during the 4th quarter. LPL Financial LLC now owns 1,259,704 shares of the company’s stock worth $27,241,000 after acquiring an additional 209,966 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Franklin U.S. Core Bond ETF by 4.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,031,774 shares of the company’s stock valued at $22,312,000 after purchasing an additional 40,388 shares during the last quarter.

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

Shares of NYSEARCA:FLCB opened at $21.18 on Tuesday. The company has a 50 day moving average price of $21.31 and a two-hundred day moving average price of $21.50. Franklin U.S. Core Bond ETF has a 52 week low of $21.09 and a 52 week high of $21.96.

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.