World Investment Advisors LLC Purchases New Stake in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

World Investment Advisors LLC acquired a new stake in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,213 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC boosted its holdings 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 purchasing an additional 337,423 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of Franklin U.S. Core Bond ETF by 8.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 2,259,391 shares of the company’s stock valued at $49,729,000 after buying an additional 166,963 shares during the period. Hantz Financial Services Inc. bought a new stake in shares of Franklin U.S. Core Bond ETF during the 2nd quarter valued at about $40,020,000. Bank of New York Mellon Corp raised its stake in Franklin U.S. Core Bond ETF by 8.6% during the second quarter. Bank of New York Mellon Corp now owns 1,304,022 shares of the company’s stock worth $27,554,000 after acquiring an additional 103,721 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in Franklin U.S. Core Bond ETF by 3.8% during the second quarter. Envestnet Asset Management Inc. now owns 833,507 shares of the company’s stock worth $17,612,000 after acquiring an additional 30,877 shares during the period.

Franklin U.S. Core Bond ETF Stock Performance

Shares of FLCB stock opened at $21.04 on Friday. The business has a 50 day moving average of $21.40 and a two-hundred day moving average of $21.53. Franklin U.S. Core Bond ETF has a 52 week low of $20.66 and a 52 week high of $22.17.

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.