LPL Financial LLC Buys 4,314 Shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

LPL Financial LLC boosted its stake in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 4.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 103,255 shares of the company’s stock after buying an additional 4,314 shares during the quarter. LPL Financial LLC owned approximately 0.61% of Franklin Investment Grade Corporate ETF worth $2,177,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in Franklin Investment Grade Corporate ETF in the third quarter worth about $2,402,000. JPMorgan Chase & Co. raised its stake in shares of Franklin Investment Grade Corporate ETF by 13,393.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 48,713 shares of the company’s stock valued at $1,076,000 after purchasing an additional 48,352 shares during the period. Truist Financial Corp lifted its holdings in Franklin Investment Grade Corporate ETF by 13.8% during the 4th quarter. Truist Financial Corp now owns 123,121 shares of the company’s stock worth $2,596,000 after purchasing an additional 14,883 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Franklin Investment Grade Corporate ETF in the fourth quarter worth about $1,252,000. Finally, Franklin Resources Inc. grew its stake in Franklin Investment Grade Corporate ETF by 77.3% during the third quarter. Franklin Resources Inc. now owns 16,526,553 shares of the company’s stock valued at $359,370,000 after acquiring an additional 7,207,665 shares in the last quarter.

Franklin Investment Grade Corporate ETF Stock Up 0.4 %

NYSEARCA:FLCO opened at $20.95 on Tuesday. The business’s 50-day moving average price is $21.29 and its two-hundred day moving average price is $21.35. Franklin Investment Grade Corporate ETF has a twelve month low of $20.60 and a twelve month high of $22.25.

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.