Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Unusually-High Trading Volume – Here’s What Happened

by · The Markets Daily

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) shares saw strong trading volume on Monday . 1,072,196 shares were traded during trading, an increase of 224% from the previous session’s volume of 330,470 shares.The stock last traded at $21.01 and had previously closed at $21.08.

Franklin U.S. Core Bond ETF Trading Down 0.4 %

The stock has a fifty day moving average of $21.39 and a two-hundred day moving average of $21.53.

Institutional Trading of Franklin U.S. Core Bond ETF

Institutional investors have recently bought and sold shares of the company. World Investment Advisors LLC purchased a new stake in Franklin U.S. Core Bond ETF during the third quarter worth $203,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter valued at $260,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Franklin U.S. Core Bond ETF in the second quarter valued at $275,000. Natixis Advisors LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter valued at $360,000. Finally, Park Avenue Securities LLC lifted its position in shares of Franklin U.S. Core Bond ETF by 31.8% in the third quarter. Park Avenue Securities LLC now owns 21,355 shares of the company’s stock valued at $470,000 after acquiring an additional 5,147 shares in the last quarter.

About Franklin U.S. Core Bond ETF

(Get Free Report)

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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