Park Avenue Securities LLC Raises Stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

Park Avenue Securities LLC increased its stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 8.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,110 shares of the company’s stock after buying an additional 1,755 shares during the period. Park Avenue Securities LLC’s holdings in Franklin U.S. Core Bond ETF were worth $487,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Clearbridge Investments LLC grew its position in shares of Franklin U.S. Core Bond ETF by 5.3% during the 2nd quarter. Clearbridge Investments LLC now owns 29,890 shares of the company’s stock worth $632,000 after buying an additional 1,502 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Franklin U.S. Core Bond ETF by 8.0% in the third quarter. Janney Montgomery Scott LLC now owns 2,259,391 shares of the company’s stock worth $49,729,000 after acquiring an additional 166,963 shares during the period. Sanctuary Advisors LLC lifted its stake in Franklin U.S. Core Bond ETF by 16.2% in the third quarter. Sanctuary Advisors LLC now owns 2,419,392 shares of the company’s stock worth $51,412,000 after acquiring an additional 337,423 shares during the period. Natixis Advisors LLC bought a new position in Franklin U.S. Core Bond ETF during the 3rd quarter worth about $360,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in Franklin U.S. Core Bond ETF during the 3rd quarter valued at about $260,000.

Franklin U.S. Core Bond ETF Price Performance

FLCB opened at $21.06 on Friday. Franklin U.S. Core Bond ETF has a 12 month low of $20.66 and a 12 month high of $22.17. The stock has a fifty day moving average price of $21.20 and a 200-day moving average price of $21.50.

About Franklin U.S. Core Bond ETF

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.