Truist Financial Corp Has $2.60 Million Holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Truist Financial Corp lifted its position in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 13.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,121 shares of the company’s stock after purchasing an additional 14,883 shares during the quarter. Truist Financial Corp owned 0.72% of Franklin Investment Grade Corporate ETF worth $2,596,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. MML Investors Services LLC increased its holdings in shares of Franklin Investment Grade Corporate ETF by 44.0% during the 3rd quarter. MML Investors Services LLC now owns 29,254 shares of the company’s stock worth $646,000 after acquiring an additional 8,934 shares during the last quarter. Atria Investments Inc bought a new stake in shares of Franklin Investment Grade Corporate ETF during the 3rd quarter worth $1,063,000. JPMorgan Chase & Co. lifted its position 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 worth $1,076,000 after buying an additional 48,352 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Franklin Investment Grade Corporate ETF in the third quarter valued at about $1,899,000. Finally, Jane Street Group LLC bought a new position in Franklin Investment Grade Corporate ETF in the third quarter valued at about $2,402,000.

Franklin Investment Grade Corporate ETF Stock Performance

Shares of FLCO opened at $21.49 on Wednesday. Franklin Investment Grade Corporate ETF has a 1 year low of $20.60 and a 1 year high of $22.25. The business has a 50-day moving average of $21.13 and a 200-day moving average of $21.51.

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.