Franklin Resources Inc. Purchases 15,178,085 Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

Franklin Resources Inc. lifted its position in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 23.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,695,720 shares of the company’s stock after acquiring an additional 15,178,085 shares during the quarter. Franklin Resources Inc. owned 92.91% of Franklin U.S. Core Bond ETF worth $1,701,401,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC purchased a new position in Franklin U.S. Core Bond ETF during the 2nd quarter valued at $43,222,000. Hantz Financial Services Inc. purchased a new stake in shares of Franklin U.S. Core Bond ETF during the second quarter valued at $40,020,000. Janney Montgomery Scott LLC grew its holdings in shares of Franklin U.S. Core Bond ETF by 8.0% in the third quarter. Janney Montgomery Scott LLC now owns 2,259,391 shares of the company’s stock worth $49,729,000 after purchasing an additional 166,963 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Franklin U.S. Core Bond ETF by 8.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,304,022 shares of the company’s stock worth $27,554,000 after buying an additional 103,721 shares during the period. Finally, Assetmark Inc. lifted its holdings in Franklin U.S. Core Bond ETF by 48.0% during the 3rd quarter. Assetmark Inc. now owns 287,065 shares of the company’s stock valued at $6,318,000 after buying an additional 93,109 shares in the last quarter.

Franklin U.S. Core Bond ETF Price Performance

Shares of NYSEARCA:FLCB opened at $21.37 on Friday. The business’s 50 day moving average is $21.45 and its 200 day moving average is $21.52. Franklin U.S. Core Bond ETF has a 52-week low of $20.66 and a 52-week high of $22.17.

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.