Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) Position Boosted by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its holdings in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,416 shares of the company’s stock after acquiring an additional 21,234 shares during the quarter. Sanctuary Advisors LLC’s holdings in Franklin Investment Grade Corporate ETF were worth $5,426,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Franklin Resources Inc. grew its stake in shares of Franklin Investment Grade Corporate ETF by 77.3% in the 3rd quarter. Franklin Resources Inc. now owns 16,526,553 shares of the company’s stock valued at $359,370,000 after buying an additional 7,207,665 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Franklin Investment Grade Corporate ETF by 11.9% in the 4th quarter. Hantz Financial Services Inc. now owns 4,198,482 shares of the company’s stock valued at $88,538,000 after buying an additional 445,152 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Franklin Investment Grade Corporate ETF by 119,623.8% in the 3rd quarter. International Assets Investment Management LLC now owns 663,270 shares of the company’s stock valued at $14,655,000 after buying an additional 662,716 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Franklin Investment Grade Corporate ETF in the 3rd quarter valued at approximately $5,357,000. Finally, Jane Street Group LLC bought a new stake in shares of Franklin Investment Grade Corporate ETF in the 3rd quarter valued at approximately $2,402,000.

Franklin Investment Grade Corporate ETF Price Performance

Shares of NYSEARCA FLCO opened at $21.26 on Friday. The business has a 50 day simple moving average of $21.13 and a 200 day simple moving average of $21.52. Franklin Investment Grade Corporate ETF has a 52 week low of $20.60 and a 52 week high of $22.25.

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.