Raymond James Financial Inc. Invests $1.25 Million in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Raymond James Financial Inc. acquired a new stake in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 59,371 shares of the company’s stock, valued at approximately $1,252,000. Raymond James Financial Inc. owned approximately 0.35% of Franklin Investment Grade Corporate ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. MML Investors Services LLC grew its holdings in shares of Franklin Investment Grade Corporate ETF by 44.0% during the third quarter. MML Investors Services LLC now owns 29,254 shares of the company’s stock worth $646,000 after purchasing an additional 8,934 shares in the last quarter. Atria Investments Inc lifted its position in Franklin Investment Grade Corporate ETF by 1.7% during the fourth quarter. Atria Investments Inc now owns 48,906 shares of the company’s stock valued at $1,031,000 after purchasing an additional 812 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Franklin Investment Grade Corporate ETF by 13,393.9% in 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 in the last quarter. Jane Street Group LLC bought a new position in shares of Franklin Investment Grade Corporate ETF in the 3rd quarter worth $2,402,000. Finally, Truist Financial Corp lifted its holdings in shares of 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 acquiring an additional 14,883 shares during the last quarter.

Franklin Investment Grade Corporate ETF Trading Up 0.0 %

Shares of NYSEARCA:FLCO opened at $21.42 on Thursday. Franklin Investment Grade Corporate ETF has a 52-week low of $20.60 and a 52-week high of $22.25. The firm has a fifty day moving average of $21.31 and a 200 day moving average of $21.43.

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.