Benjamin Edwards Inc. Acquires 48,138 Shares of Franklin Investment Grade Corporate ETF $FLCO

Benjamin Edwards Inc. raised its holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 20.9% during the third quarter, Holdings Channel.com reports. The fund owned 278,192 shares of the company’s stock after purchasing an additional 48,138 shares during the period. Benjamin Edwards Inc.’s holdings in Franklin Investment Grade Corporate ETF were worth $6,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TD Waterhouse Canada Inc. acquired a new position in shares of Franklin Investment Grade Corporate ETF during the 2nd quarter worth about $109,000. Osaic Holdings Inc. raised its position in shares of Franklin Investment Grade Corporate ETF by 2.6% in the 2nd quarter. Osaic Holdings Inc. now owns 21,471 shares of the company’s stock valued at $463,000 after acquiring an additional 553 shares during the period. Cetera Investment Advisers boosted its stake in Franklin Investment Grade Corporate ETF by 9.4% during the 2nd quarter. Cetera Investment Advisers now owns 25,625 shares of the company’s stock worth $553,000 after acquiring an additional 2,203 shares during the last quarter. MML Investors Services LLC boosted its stake in Franklin Investment Grade Corporate ETF by 70.7% during the 2nd quarter. MML Investors Services LLC now owns 62,574 shares of the company’s stock worth $1,351,000 after acquiring an additional 25,925 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Franklin Investment Grade Corporate ETF by 19.5% during the second quarter. JPMorgan Chase & Co. now owns 64,390 shares of the company’s stock valued at $1,390,000 after purchasing an additional 10,514 shares during the period.

Franklin Investment Grade Corporate ETF Stock Performance

FLCO opened at $21.70 on Friday. Franklin Investment Grade Corporate ETF has a 12 month low of $20.59 and a 12 month high of $22.10. The company has a fifty day simple moving average of $21.72 and a 200 day simple moving average of $21.70.

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.