JPMorgan Chase & Co. Purchases 44,489 Shares of Franklin U.S. Core Bond ETF $FLCB

JPMorgan Chase & Co. grew its holdings in Franklin U.S. Core Bond ETF (NYSEARCA:FLCBFree Report) by 4.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 991,386 shares of the company’s stock after purchasing an additional 44,489 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.79% of Franklin U.S. Core Bond ETF worth $21,533,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Root Financial Partners LLC bought a new position in Franklin U.S. Core Bond ETF in the third quarter valued at approximately $38,000. CWM LLC bought a new stake in shares of Franklin U.S. Core Bond ETF during the 3rd quarter valued at $50,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Franklin U.S. Core Bond ETF in the 3rd quarter valued at $52,000. Truist Financial Corp bought a new position in shares of Franklin U.S. Core Bond ETF in the 3rd quarter worth $228,000. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in shares of Franklin U.S. Core Bond ETF during the third quarter worth $303,000.

Franklin U.S. Core Bond ETF Trading Down 0.7%

NYSEARCA FLCB opened at $21.80 on Tuesday. Franklin U.S. Core Bond ETF has a 12 month low of $20.89 and a 12 month high of $21.96. The stock has a 50-day simple moving average of $21.71 and a 200 day simple moving average of $21.70.

Franklin U.S. Core Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be paid a $0.0663 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About Franklin U.S. Core Bond ETF

(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.

Further Reading

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Institutional Ownership by Quarter for Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

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