Flow Traders U.S. LLC Makes New $1.90 Million Investment in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Flow Traders U.S. LLC acquired a new position in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 85,931 shares of the company’s stock, valued at approximately $1,899,000.

Several other hedge funds also recently modified their holdings of the stock. Hantz Financial Services Inc. bought a new position in Franklin Investment Grade Corporate ETF during the second quarter worth $66,123,000. International Assets Investment Management LLC raised its holdings in shares of Franklin Investment Grade Corporate ETF by 119,623.8% during the third quarter. International Assets Investment Management LLC now owns 663,270 shares of the company’s stock valued at $14,655,000 after purchasing an additional 662,716 shares during the period. Atria Investments Inc bought a new position in shares of Franklin Investment Grade Corporate ETF during the 3rd quarter worth about $1,063,000. Sanctuary Advisors LLC acquired a new stake in shares of Franklin Investment Grade Corporate ETF in the 2nd quarter valued at about $238,000. Finally, Truist Financial Corp increased its position in Franklin Investment Grade Corporate ETF by 8.0% in the 2nd quarter. Truist Financial Corp now owns 94,334 shares of the company’s stock valued at $1,991,000 after buying an additional 6,969 shares in the last quarter.

Franklin Investment Grade Corporate ETF Trading Up 0.5 %

Shares of NYSEARCA:FLCO opened at $21.68 on Monday. Franklin Investment Grade Corporate ETF has a 52-week low of $20.60 and a 52-week high of $22.25. The business’s 50 day simple moving average is $21.64 and its two-hundred day simple moving average is $21.52.

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.