FLCB Stock Summary and Trading Ideas (Franklin Liberty U.S. Core Bond ETF | ARCA:FLCB)

The Fund invests at least 80% of its net assets in bonds of U.S. issuers, including government, corporate debt, mortgage-backed and asset-backed securities. Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures. U.S. issuers include entities: whose securities are listed or traded principally on a recognized stock exchange or over-the-counter market in the U.S.; that derive 50% or more of their total revenue from either goods or services produced or sales made in the U.S.; that have 50% or more of their assets in the U.S.; or that are organized under the laws of, or with principal offices in, the U.S. The Fund invests predominantly in investment grade debt securities and, under normal market conditions, is generally expected to have sector, credit and duration exposures comparable to the Bloomberg Barclays U.S. Aggregate Bond Index, the Fund s benchmark index.

Franklin Liberty U.S. Core Bond ETF trades on the ARCA stock market under the symbol FLCB.

As of April 23, 2024, FLCB stock price climbed to $20.85 with 48,672 million shares trading.

FLCB has a beta of 0.30, meaning it tends to be less sensitive to market movements. FLCB has a correlation of 0.33 to the broad based SPY ETF.

FLCB has a market cap of $1.76 billion. This is considered a Small Cap stock.

In the last 3 years, FLCB stock traded as high as $25.79 and as low as $19.97.

FLCB has underperformed the market in the last year with a return of -0.1%, while the SPY ETF gained +24.1%. In the last 3 month period, FLCB fell short of the market, returning -1.6%, while SPY returned +4.8%. However, in the most recent 2 weeks FLCB has outperformed the stock market by returning -1.0%, while SPY returned -2.7%.

FLCB support price is $20.72 and resistance is $20.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLCB stock will trade within this expected range on the day.