Citadel Advisors LLC Makes New $9.61 Million Investment in Franklin U.S. Core Bond ETF $FLCB

Citadel Advisors LLC bought a new stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 448,947 shares of the company’s stock, valued at approximately $9,607,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FLCB. NewEdge Advisors LLC increased its position in shares of Franklin U.S. Core Bond ETF by 14.0% during the first quarter. NewEdge Advisors LLC now owns 72,335 shares of the company’s stock valued at $1,554,000 after buying an additional 8,902 shares during the period. Bank of America Corp DE boosted its position in shares of Franklin U.S. Core Bond ETF by 13.3% in the first quarter. Bank of America Corp DE now owns 2,185,462 shares of the company’s stock valued at $46,966,000 after acquiring an additional 257,025 shares during the period. Royal Bank of Canada grew its stake in Franklin U.S. Core Bond ETF by 1.3% during the first quarter. Royal Bank of Canada now owns 69,525 shares of the company’s stock valued at $1,494,000 after acquiring an additional 863 shares in the last quarter. Compound Planning Inc. purchased a new position in Franklin U.S. Core Bond ETF during the first quarter valued at approximately $374,000. Finally, Cetera Investment Advisers increased its holdings in Franklin U.S. Core Bond ETF by 14.6% during the 1st quarter. Cetera Investment Advisers now owns 631,659 shares of the company’s stock worth $13,574,000 after acquiring an additional 80,603 shares during the period.

Franklin U.S. Core Bond ETF Price Performance

Franklin U.S. Core Bond ETF stock opened at $20.96 on Tuesday. Franklin U.S. Core Bond ETF has a 1-year low of $20.90 and a 1-year high of $21.96. The firm’s 50 day simple moving average is $21.12 and its 200 day simple moving average is $21.35.

Franklin U.S. Core Bond ETF Company 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.