RFG Advisory LLC acquired a new position in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 51,173 shares of the company’s stock, valued at approximately $1,097,000.
Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. lifted its holdings in Franklin Investment Grade Corporate ETF by 3.5% in the fourth quarter. Hantz Financial Services Inc. now owns 5,369,885 shares of the company’s stock valued at $116,258,000 after acquiring an additional 181,499 shares during the period. Citadel Advisors LLC increased its holdings in shares of Franklin Investment Grade Corporate ETF by 151.4% in the 3rd 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 in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Franklin Investment Grade Corporate ETF in the 3rd quarter valued at about $1,660,000. Bank of America Corp DE lifted its stake in shares of Franklin Investment Grade Corporate ETF by 7.6% in the second quarter. Bank of America Corp DE now owns 942,629 shares of the company’s stock valued at $20,347,000 after purchasing an additional 66,524 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of Franklin Investment Grade Corporate ETF by 161.0% in the fourth quarter. Cetera Investment Advisers now owns 91,355 shares of the company’s stock valued at $1,978,000 after purchasing an additional 56,350 shares during the period.
Franklin Investment Grade Corporate ETF Price Performance
FLCO stock opened at $20.64 on Friday. The company’s 50-day moving average price is $21.01 and its 200 day moving average price is $21.29. Franklin Investment Grade Corporate ETF has a 52 week low of $20.63 and a 52 week high of $22.10.
Franklin Investment Grade Corporate ETF 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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Want to see what other hedge funds are holding FLCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Free Report).
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