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

Park Avenue Securities LLC reduced its position in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 12.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,931 shares of the company’s stock after selling 1,972 shares during the quarter. Park Avenue Securities LLC’s holdings in Franklin U.S. Core Bond ETF were worth $297,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Smithfield Trust Co purchased a new position in Franklin U.S. Core Bond ETF during the fourth quarter valued at $301,000. International Assets Investment Management LLC purchased a new position in Franklin U.S. Core Bond ETF in the 4th quarter valued at about $528,000. Atria Wealth Solutions Inc. boosted its holdings in Franklin U.S. Core Bond ETF by 6.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 54,184 shares of the company’s stock worth $1,171,000 after buying an additional 3,161 shares during the last quarter. CENTRAL TRUST Co increased its stake in Franklin U.S. Core Bond ETF by 31.9% during the 4th quarter. CENTRAL TRUST Co now owns 57,612 shares of the company’s stock worth $1,246,000 after buying an additional 13,945 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Franklin U.S. Core Bond ETF by 11.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 76,482 shares of the company’s stock valued at $1,654,000 after acquiring an additional 7,579 shares during the last quarter.

Franklin U.S. Core Bond ETF Stock Down 0.5 %

Shares of NYSEARCA:FLCB opened at $21.13 on Monday. Franklin U.S. Core Bond ETF has a 1 year low of $19.97 and a 1 year high of $21.72. The business’s 50 day moving average price is $21.04 and its 200-day moving average price is $21.20.

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.