Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Large Volume Increase – What’s Next?

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw unusually-strong trading volume on Tuesday . 289,239 shares were traded during trading, a decline of 36% from the previous session’s volume of 453,827 shares.The stock last traded at $21.16 and had previously closed at $21.13.

Franklin U.S. Core Bond ETF Stock Down 0.3%

The firm’s fifty day simple moving average is $21.29 and its 200 day simple moving average is $21.48.

Hedge Funds Weigh In On Franklin U.S. Core Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sequent Planning LLC raised its stake in Franklin U.S. Core Bond ETF by 10.1% during the 4th quarter. Sequent Planning LLC now owns 850,538 shares of the company’s stock valued at $18,393,000 after purchasing an additional 78,244 shares during the period. World Investment Advisors acquired a new stake in shares of Franklin U.S. Core Bond ETF in the fourth quarter worth $1,497,000. MGO One Seven LLC grew its holdings in shares of Franklin U.S. Core Bond ETF by 2,298.7% during the fourth quarter. MGO One Seven LLC now owns 377,895 shares of the company’s stock valued at $8,172,000 after buying an additional 362,141 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of Franklin U.S. Core Bond ETF by 17.6% during the fourth quarter. CENTRAL TRUST Co now owns 222,554 shares of the company’s stock valued at $4,813,000 after buying an additional 33,351 shares in the last quarter. Finally, Natixis Advisors LLC raised its position in Franklin U.S. Core Bond ETF by 73.3% during the fourth quarter. Natixis Advisors LLC now owns 127,744 shares of the company’s stock valued at $2,762,000 after buying an additional 54,048 shares during the period.

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.