Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Get Free Report)’s stock price traded down 0.2% during mid-day trading on Monday . The stock traded as low as $20.81 and last traded at $20.83. 31,375 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 48,582 shares. The stock had previously closed at $20.88.
Franklin Investment Grade Corporate ETF Price Performance
The business has a 50 day moving average price of $21.30 and a 200 day moving average price of $21.54.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Truist Financial Corp grew its holdings in shares of Franklin Investment Grade Corporate ETF by 8.0% during the 2nd quarter. Truist Financial Corp now owns 94,334 shares of the company’s stock worth $1,991,000 after purchasing an additional 6,969 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Franklin Investment Grade Corporate ETF in the second quarter worth $238,000. International Assets Investment Management LLC boosted its stake in 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 worth $14,655,000 after buying an additional 662,716 shares in the last quarter. Atria Investments Inc bought a new stake in Franklin Investment Grade Corporate ETF in the 3rd quarter valued at $1,063,000. Finally, Hantz Financial Services Inc. increased its holdings in Franklin Investment Grade Corporate ETF by 19.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,753,330 shares of the company’s stock valued at $82,931,000 after buying an additional 621,032 shares during the period.
About Franklin Investment Grade Corporate ETF
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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