Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Get Free Report) shares reached a new 52-week low during trading on Monday . The company traded as low as $20.91 and last traded at $20.92, with a volume of 86309 shares changing hands. The stock had previously closed at $21.02.
Franklin Investment Grade Corporate ETF Price Performance
The firm has a 50-day moving average of $21.24 and a two-hundred day moving average of $21.43.
Institutional Trading of Franklin Investment Grade Corporate ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Hantz Financial Services Inc. increased its holdings in Franklin Investment Grade Corporate ETF by 3.5% in the 4th quarter. Hantz Financial Services Inc. now owns 5,369,885 shares of the company’s stock valued at $116,258,000 after purchasing an additional 181,499 shares during the last quarter. Citadel Advisors LLC raised its position in Franklin Investment Grade Corporate ETF by 151.4% in the third quarter. Citadel Advisors LLC now owns 206,417 shares of the company’s stock valued at $4,516,000 after purchasing an additional 124,317 shares during the period. Sanctuary Advisors LLC lifted its stake in Franklin Investment Grade Corporate ETF by 36.4% during the fourth quarter. Sanctuary Advisors LLC now owns 380,169 shares of the company’s stock worth $8,231,000 after purchasing an additional 101,398 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in Franklin Investment Grade Corporate ETF during the third quarter worth $1,660,000. Finally, Bank of America Corp DE boosted its position in shares of Franklin Investment Grade Corporate ETF by 7.6% during the second quarter. Bank of America Corp DE now owns 942,629 shares of the company’s stock worth $20,347,000 after buying an additional 66,524 shares during the period.
Franklin Investment Grade Corporate ETF Company Profile
The Franklin Investment Grade Corporate ETF (FLCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that uses a combined top-down and bottom-up approach to select investment-grade USD-denominated bonds without a duration target. FLCO was launched on Oct 3, 2016 and is managed by Franklin Templeton.
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