Franklin International Aggregate Bond ETF (BATS:FLIA) Shares Down 0.1% – Here’s Why

Shares of Franklin International Aggregate Bond ETF (BATS:FLIA) were down 0.1% during mid-day trading on Thursday . The company traded as low as $20.30 and last traded at $20.34. Approximately 106,005 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 129,949 shares. The stock had previously closed at $20.36.

Franklin International Aggregate Bond ETF Stock Performance

The company’s 50 day moving average price is $20.30 and its 200 day moving average price is $20.40.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FLIA. JPMorgan Chase & Co. increased its stake in shares of Franklin International Aggregate Bond ETF by 57.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,633 shares of the company’s stock worth $95,000 after purchasing an additional 1,694 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Franklin International Aggregate Bond ETF during the 2nd quarter worth $260,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of Franklin International Aggregate Bond ETF by 9.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 11,640,973 shares of the company’s stock worth $239,047,000 after purchasing an additional 1,021,394 shares during the last quarter. NorthCrest Asset Manangement LLC increased its stake in shares of Franklin International Aggregate Bond ETF by 17.2% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 81,345 shares of the company’s stock worth $1,670,000 after purchasing an additional 11,910 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in shares of Franklin International Aggregate Bond ETF by 6.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 137,008 shares of the company’s stock worth $2,810,000 after purchasing an additional 8,105 shares during the last quarter.

Franklin International Aggregate Bond ETF Company Profile

The Franklin International Aggregate Bond ETF (FLIA) is an exchange-traded fund that is based on the Bloomberg Global Aggregate ex-USD index. The fund is an actively managed fund that invests in government, agency, and corporate debt outside of the United States. FLIA was launched on May 30, 2018 and is managed by Franklin Templeton.