Franklin Investment Grade Corporate ETF $FLCO Shares Acquired by Citadel Advisors LLC

Citadel Advisors LLC lifted its holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 49.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,968 shares of the company’s stock after buying an additional 58,586 shares during the quarter. Citadel Advisors LLC owned 0.67% of Franklin Investment Grade Corporate ETF worth $3,794,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FLCO. Hantz Financial Services Inc. raised its position in Franklin Investment Grade Corporate ETF by 3.5% in the fourth quarter. Hantz Financial Services Inc. now owns 5,369,885 shares of the company’s stock worth $116,258,000 after acquiring an additional 181,499 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Franklin Investment Grade Corporate ETF during the 3rd quarter worth $1,660,000. Bank of America Corp DE boosted its position in shares of Franklin Investment Grade Corporate ETF by 7.6% during the 2nd quarter. Bank of America Corp DE now owns 942,629 shares of the company’s stock worth $20,347,000 after purchasing an additional 66,524 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Franklin Investment Grade Corporate ETF by 161.0% during the 4th quarter. Cetera Investment Advisers now owns 91,355 shares of the company’s stock worth $1,978,000 after purchasing an additional 56,350 shares during the period. Finally, Sanctuary Advisors LLC grew its stake in shares of Franklin Investment Grade Corporate ETF by 10.3% during the 1st quarter. Sanctuary Advisors LLC now owns 419,177 shares of the company’s stock worth $8,979,000 after purchasing an additional 39,008 shares during the period.

Franklin Investment Grade Corporate ETF Stock Performance

Shares of FLCO opened at $20.84 on Tuesday. Franklin Investment Grade Corporate ETF has a 52-week low of $20.72 and a 52-week high of $22.10. The company has a 50-day simple moving average of $21.06 and a 200-day simple moving average of $21.32.

Franklin Investment Grade Corporate ETF 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.