Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Short Interest Update

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 55,447 shares, a decline of 78.1% from the May 14th total of 253,038 shares. Based on an average daily trading volume, of 457,424 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of Franklin U.S. Core Bond ETF

Several hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp lifted its position 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 purchasing an additional 975,606 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of 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 worth $66,215,000 after acquiring an additional 311,379 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Franklin U.S. Core Bond ETF by 8.7% in the first 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 in the last quarter. Bank of America Corp DE grew its stake in shares of Franklin U.S. Core Bond ETF by 13.3% in the first quarter. Bank of America Corp DE now owns 2,185,462 shares of the company’s stock worth $46,966,000 after acquiring an additional 257,025 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of Franklin U.S. Core Bond ETF by 20.0% in the fourth 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 in the last quarter.

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

Shares of NYSEARCA FLCB opened at $21.27 on Wednesday. Franklin U.S. Core Bond ETF has a twelve month low of $21.09 and a twelve month high of $21.96. The stock has a fifty day simple moving average of $21.41 and a 200-day simple moving average of $21.58.

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.