Bank of New York Mellon Corp Buys 87,618 Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

Bank of New York Mellon Corp increased its stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,434,337 shares of the company’s stock after acquiring an additional 87,618 shares during the quarter. Bank of New York Mellon Corp owned about 1.69% of Franklin U.S. Core Bond ETF worth $30,250,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLCB. Assetmark Inc. lifted its position in Franklin U.S. Core Bond ETF by 48.0% during the third quarter. Assetmark Inc. now owns 287,065 shares of the company’s stock valued at $6,318,000 after purchasing an additional 93,109 shares during the last quarter. Atria Investments Inc lifted its position in Franklin U.S. Core Bond ETF by 7.8% during the third quarter. Atria Investments Inc now owns 422,129 shares of the company’s stock valued at $9,291,000 after purchasing an additional 30,395 shares during the last quarter. Natixis Advisors LLC bought a new position in Franklin U.S. Core Bond ETF during the third quarter valued at $360,000. Sanctuary Advisors LLC raised its stake in shares of 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 valued at $51,412,000 after acquiring an additional 337,423 shares during the period. Finally, World Investment Advisors LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter valued at $203,000.

Franklin U.S. Core Bond ETF Price Performance

Shares of FLCB opened at $21.36 on Friday. Franklin U.S. Core Bond ETF has a twelve month low of $20.66 and a twelve month high of $22.17. The company’s fifty day simple moving average is $21.17 and its 200-day simple moving average is $21.45.

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.