Bank of New York Mellon Corp lifted its stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Free Report) by 44.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,168,185 shares of the company’s stock after purchasing an additional 975,606 shares during the period. Bank of New York Mellon Corp’s holdings in Franklin U.S. Core Bond ETF were worth $68,084,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in Franklin U.S. Core Bond ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 991,386 shares of the company’s stock valued at $21,533,000 after purchasing an additional 44,489 shares in the last quarter. Sequent Planning LLC grew its position in shares of Franklin U.S. Core Bond ETF by 10.1% during the fourth quarter. Sequent Planning LLC now owns 850,538 shares of the company’s stock worth $18,393,000 after buying an additional 78,244 shares in the last quarter. World Investment Advisors acquired a new position in shares of Franklin U.S. Core Bond ETF during the fourth quarter worth about $1,497,000. CENTRAL TRUST Co grew its position in shares of Franklin U.S. Core Bond ETF by 17.6% during the fourth quarter. CENTRAL TRUST Co now owns 222,554 shares of the company’s stock worth $4,813,000 after buying an additional 33,351 shares in the last quarter. Finally, MGO One Seven LLC increased its stake in shares of Franklin U.S. Core Bond ETF by 2,298.7% during the fourth quarter. MGO One Seven LLC now owns 377,895 shares of the company’s stock worth $8,172,000 after buying an additional 362,141 shares during the period.
Franklin U.S. Core Bond ETF Stock Down 0.2%
Shares of NYSEARCA:FLCB opened at $21.11 on Thursday. The firm’s 50 day moving average price is $21.30 and its 200 day moving average price is $21.50. Franklin U.S. Core Bond ETF has a fifty-two week low of $21.09 and a fifty-two week high of $21.96.
About Franklin U.S. Core Bond ETF
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.
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