RFG Advisory LLC Makes New Investment in Franklin U.S. Core Bond ETF $FLCB

RFG Advisory LLC bought a new stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 185,259 shares of the company’s stock, valued at approximately $3,965,000. RFG Advisory LLC owned approximately 0.13% of Franklin U.S. Core Bond ETF at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its stake in Franklin U.S. Core Bond ETF by 44.5% in the first quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock valued at $68,084,000 after acquiring an additional 975,606 shares during the period. Sanctuary Advisors LLC grew its position in shares of Franklin U.S. Core Bond ETF by 11.2% during the 1st quarter. Sanctuary Advisors LLC now owns 3,081,221 shares of the company’s stock valued at $66,215,000 after acquiring an additional 311,379 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Franklin U.S. Core Bond ETF by 8.7% in the first quarter. Janney Montgomery Scott LLC now owns 2,378,561 shares of the company’s stock valued at $51,115,000 after buying an additional 189,498 shares during the period. Bank of America Corp DE raised its stake in Franklin U.S. Core Bond ETF by 13.3% in the 1st 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. Finally, LPL Financial LLC lifted its stake in shares of Franklin U.S. Core Bond ETF by 20.0% during the 4th quarter. LPL Financial LLC now owns 1,259,704 shares of the company’s stock valued at $27,241,000 after buying an additional 209,966 shares in the last quarter.

Franklin U.S. Core Bond ETF Price Performance

Shares of FLCB opened at $20.89 on Thursday. The stock’s 50-day simple moving average is $21.10 and its 200 day simple moving average is $21.34. Franklin U.S. Core Bond ETF has a 52-week low of $20.88 and a 52-week high of $21.96.

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.