Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 42,492 shares, a decline of 42.6% from the June 15th total of 74,089 shares. Based on an average daily volume of 405,663 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Institutional Trading of Franklin U.S. Core Bond ETF
A number of hedge funds have 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 third quarter. JPMorgan Chase & Co. now owns 991,386 shares of the company’s stock worth $21,533,000 after acquiring an additional 44,489 shares during the period. Sequent Planning LLC grew its position in shares of Franklin U.S. Core Bond ETF by 10.1% during the 4th quarter. Sequent Planning LLC now owns 850,538 shares of the company’s stock valued at $18,393,000 after acquiring an additional 78,244 shares during the period. MGO One Seven LLC grew its position in shares of Franklin U.S. Core Bond ETF by 2,298.7% during the 4th quarter. MGO One Seven LLC now owns 377,895 shares of the company’s stock valued at $8,172,000 after acquiring an additional 362,141 shares during the period. CENTRAL TRUST Co increased its stake in shares of Franklin U.S. Core Bond ETF by 17.6% in the 4th quarter. CENTRAL TRUST Co now owns 222,554 shares of the company’s stock worth $4,813,000 after purchasing an additional 33,351 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of Franklin U.S. Core Bond ETF by 25.7% in the 4th quarter. Assetmark Inc. now owns 443,685 shares of the company’s stock worth $9,595,000 after purchasing an additional 90,604 shares in the last quarter.
Franklin U.S. Core Bond ETF Price Performance
FLCB traded down $0.01 during mid-day trading on Thursday, reaching $21.21. 270,987 shares of the company traded hands, compared to its average volume of 461,057. The company’s fifty day moving average price is $21.31 and its 200-day moving average price is $21.51. 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 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.
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