Park Avenue Securities LLC Acquires 5,147 Shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

Park Avenue Securities LLC boosted its holdings in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) by 31.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,355 shares of the company’s stock after acquiring an additional 5,147 shares during the quarter. Park Avenue Securities LLC’s holdings in Franklin U.S. Core Bond ETF were worth $470,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. bought a new stake in shares of Franklin U.S. Core Bond ETF in the second quarter worth $275,000. Clearbridge Investments LLC grew its position in shares of Franklin U.S. Core Bond ETF by 3.2% in the 1st quarter. Clearbridge Investments LLC now owns 28,388 shares of the company’s stock valued at $606,000 after buying an additional 875 shares during the last quarter. Cooper Financial Group increased its stake in shares of Franklin U.S. Core Bond ETF by 288.3% in the second quarter. Cooper Financial Group now owns 37,965 shares of the company’s stock valued at $802,000 after buying an additional 28,188 shares during the period. Atria Wealth Solutions Inc. raised its position in shares of Franklin U.S. Core Bond ETF by 41.8% during the second quarter. Atria Wealth Solutions Inc. now owns 89,987 shares of the company’s stock worth $1,901,000 after acquiring an additional 26,542 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Franklin U.S. Core Bond ETF by 21.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 92,988 shares of the company’s stock worth $1,984,000 after acquiring an additional 16,506 shares during the period.

Franklin U.S. Core Bond ETF Stock Performance

Shares of FLCB stock opened at $21.64 on Friday. The business’s 50 day simple moving average is $21.88 and its 200 day simple moving average is $21.38. Franklin U.S. Core Bond ETF has a one year low of $19.97 and a one year high of $22.17.

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.