Janney Montgomery Scott LLC Has $48.62 Million Position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

Janney Montgomery Scott LLC boosted its position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 3.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,261,778 shares of the company’s stock after purchasing an additional 72,180 shares during the quarter. Janney Montgomery Scott LLC owned about 2.01% of Franklin U.S. Core Bond ETF worth $48,617,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC boosted its position in shares of Franklin U.S. Core Bond ETF by 4.1% in the fourth quarter. Sanctuary Advisors LLC now owns 2,518,428 shares of the company’s stock valued at $53,416,000 after acquiring an additional 99,036 shares during the period. Bank of New York Mellon Corp raised its stake in Franklin U.S. Core Bond ETF by 6.5% in the 4th quarter. Bank of New York Mellon Corp now owns 1,434,337 shares of the company’s stock worth $30,250,000 after purchasing an additional 87,618 shares in the last quarter. Convergence Financial LLC bought a new stake in Franklin U.S. Core Bond ETF in the 4th quarter valued at about $25,483,000. Envestnet Asset Management Inc. grew its position in shares of Franklin U.S. Core Bond ETF by 4.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,007,636 shares of the company’s stock worth $21,251,000 after purchasing an additional 43,559 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Franklin U.S. Core Bond ETF by 8.8% during the fourth quarter. JPMorgan Chase & Co. now owns 884,692 shares of the company’s stock worth $18,658,000 after purchasing an additional 71,517 shares during the period.

Franklin U.S. Core Bond ETF Trading Down 0.0%

NYSEARCA FLCB opened at $21.22 on Tuesday. Franklin U.S. Core Bond ETF has a 1-year low of $20.80 and a 1-year high of $22.17. The company has a 50 day moving average of $21.21 and a 200-day moving average of $21.24.

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.