Shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Get Free Report) were up 0.4% during mid-day trading on Tuesday . The company traded as high as $21.03 and last traded at $21.03. Approximately 29,226 shares were traded during trading, a decline of 83% from the average daily volume of 173,051 shares. The stock had previously closed at $20.94.
Franklin Investment Grade Corporate ETF Stock Performance
The firm’s 50 day simple moving average is $21.05 and its 200 day simple moving average is $21.21.
Institutional Investors Weigh In On Franklin Investment Grade Corporate ETF
Large investors have recently modified their holdings of the business. International Assets Investment Management LLC purchased a new position in shares of Franklin Investment Grade Corporate ETF during the 4th quarter valued at approximately $260,000. Envestnet Portfolio Solutions Inc. raised its holdings in Franklin Investment Grade Corporate ETF by 15.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 26,473 shares of the company’s stock valued at $565,000 after acquiring an additional 3,499 shares in the last quarter. Truist Financial Corp lifted its holdings in Franklin Investment Grade Corporate ETF by 7.0% during the 4th quarter. Truist Financial Corp now owns 84,667 shares of the company’s stock worth $1,833,000 after buying an additional 5,519 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Franklin Investment Grade Corporate ETF by 0.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 213,368 shares of the company’s stock valued at $4,620,000 after buying an additional 1,708 shares in the last quarter.
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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