Hantz Financial Services Inc. raised its holdings in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Free Report) by 5.7% in the 2nd quarter, Holdings Channel reports. The firm owned 5,110,382 shares of the company’s stock after purchasing an additional 277,363 shares during the quarter. Franklin Investment Grade Corporate ETF comprises about 1.8% of Hantz Financial Services Inc.’s investment portfolio, making the stock its 11th biggest holding. Hantz Financial Services Inc. owned approximately 0.18% of Franklin Investment Grade Corporate ETF worth $110,308,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of Franklin Investment Grade Corporate ETF by 22.5% during the second quarter. Envestnet Asset Management Inc. now owns 187,734 shares of the company’s stock worth $4,052,000 after acquiring an additional 34,458 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Franklin Investment Grade Corporate ETF by 37.9% during the first quarter. PNC Financial Services Group Inc. now owns 2,444 shares of the company’s stock worth $52,000 after acquiring an additional 672 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Franklin Investment Grade Corporate ETF during the first quarter worth about $502,000. OneAscent Financial Services LLC bought a new position in shares of Franklin Investment Grade Corporate ETF during the first quarter worth about $841,000. Finally, Bank of New York Mellon Corp grew its position in shares of Franklin Investment Grade Corporate ETF by 2.7% during the first quarter. Bank of New York Mellon Corp now owns 139,738 shares of the company’s stock worth $2,993,000 after acquiring an additional 3,667 shares during the last quarter.
Franklin Investment Grade Corporate ETF Stock Performance
Franklin Investment Grade Corporate ETF stock opened at $21.98 on Thursday. The company has a 50-day simple moving average of $21.85 and a 200-day simple moving average of $21.50. Franklin Investment Grade Corporate ETF has a one year low of $20.59 and a one year high of $22.10.
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.
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Want to see what other hedge funds are holding FLCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Free Report).
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