Hantz Financial Services Inc. Acquires 445,152 Shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Hantz Financial Services Inc. lifted its holdings in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 11.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,198,482 shares of the company’s stock after buying an additional 445,152 shares during the quarter. Franklin Investment Grade Corporate ETF comprises 1.5% of Hantz Financial Services Inc.’s investment portfolio, making the stock its 13th biggest position. Hantz Financial Services Inc. owned about 24.62% of Franklin Investment Grade Corporate ETF worth $88,538,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Truist Financial Corp grew its stake in Franklin Investment Grade Corporate ETF by 8.0% during the second quarter. Truist Financial Corp now owns 94,334 shares of the company’s stock valued at $1,991,000 after acquiring an additional 6,969 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Franklin Investment Grade Corporate ETF during the second quarter worth about $238,000. International Assets Investment Management LLC increased its stake in 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 worth $14,655,000 after acquiring an additional 662,716 shares during the last quarter. Atria Investments Inc purchased a new stake in shares of Franklin Investment Grade Corporate ETF in the 3rd quarter valued at about $1,063,000. Finally, Flow Traders U.S. LLC purchased a new stake in Franklin Investment Grade Corporate ETF in the third quarter valued at approximately $1,899,000.

Franklin Investment Grade Corporate ETF Price Performance

FLCO stock opened at $21.23 on Wednesday. The firm has a 50 day simple moving average of $21.25 and a two-hundred day simple moving average of $21.54. Franklin Investment Grade Corporate ETF has a one year low of $20.60 and a one year 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.