JPMorgan Chase & Co. lifted its stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Free Report) by 4.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 991,386 shares of the company’s stock after acquiring an additional 44,489 shares during the quarter. JPMorgan Chase & Co. owned 0.79% of Franklin U.S. Core Bond ETF worth $21,533,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Root Financial Partners LLC purchased a new position in Franklin U.S. Core Bond ETF in the third quarter valued at $38,000. CWM LLC purchased a new stake in Franklin U.S. Core Bond ETF during the 3rd quarter worth about $50,000. Wilmington Savings Fund Society FSB purchased a new stake in Franklin U.S. Core Bond ETF during the 3rd quarter worth about $52,000. IFP Advisors Inc raised its position in Franklin U.S. Core Bond ETF by 26.8% in the 3rd quarter. IFP Advisors Inc now owns 10,119 shares of the company’s stock valued at $220,000 after purchasing an additional 2,136 shares in the last quarter. Finally, Truist Financial Corp acquired a new stake in Franklin U.S. Core Bond ETF in the 3rd quarter valued at about $228,000.
Franklin U.S. Core Bond ETF Trading Down 0.3%
Shares of FLCB opened at $21.37 on Wednesday. Franklin U.S. Core Bond ETF has a 1 year low of $20.89 and a 1 year high of $21.96. The stock has a 50-day simple moving average of $21.69 and a 200-day simple moving average of $21.71.
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.
Further Reading
Want to see what other hedge funds are holding FLCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin U.S. Core Bond ETF (NYSEARCA:FLCB – Free Report).
Receive News & Ratings for Franklin U.S. Core Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Core Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
