B. Riley Wealth Advisors Inc. Invests $260,000 in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB)

B. Riley Wealth Advisors Inc. purchased a new position in shares of Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 11,844 shares of the company’s stock, valued at approximately $260,000.

Other institutional investors have also recently bought and sold shares of the company. Franklin Resources Inc. grew its holdings in shares of Franklin U.S. Core Bond ETF by 23.9% during the third quarter. Franklin Resources Inc. now owns 78,695,720 shares of the company’s stock worth $1,701,401,000 after purchasing an additional 15,178,085 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Franklin U.S. Core Bond ETF during the 2nd quarter worth about $43,222,000. Hantz Financial Services Inc. acquired a new stake in Franklin U.S. Core Bond ETF in the 2nd quarter valued at about $40,020,000. Janney Montgomery Scott LLC raised its stake in shares of 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 last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of 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 purchasing an additional 103,721 shares in the last quarter.

Franklin U.S. Core Bond ETF Price Performance

Shares of Franklin U.S. Core Bond ETF stock opened at $21.08 on Friday. The firm has a 50 day simple moving average of $21.39 and a 200 day simple moving average of $21.53. Franklin U.S. Core Bond ETF has a fifty-two week low of $20.66 and a fifty-two week 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.