Sanctuary Advisors LLC Purchases 101,398 Shares of Franklin Investment Grade Corporate ETF $FLCO

Sanctuary Advisors LLC increased its position in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 36.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 380,169 shares of the company’s stock after buying an additional 101,398 shares during the period. Sanctuary Advisors LLC’s holdings in Franklin Investment Grade Corporate ETF were worth $8,231,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Sequent Planning LLC bought a new stake in Franklin Investment Grade Corporate ETF in the third quarter valued at $2,301,000. Hantz Financial Services Inc. increased its stake in Franklin Investment Grade Corporate ETF by 1.5% in the third quarter. Hantz Financial Services Inc. now owns 5,188,386 shares of the company’s stock valued at $113,522,000 after purchasing an additional 78,004 shares in the last quarter. Benjamin Edwards Inc. increased its stake in Franklin Investment Grade Corporate ETF by 20.9% in the third quarter. Benjamin Edwards Inc. now owns 278,192 shares of the company’s stock valued at $6,087,000 after purchasing an additional 48,138 shares in the last quarter. Compound Planning Inc. bought a new stake in shares of Franklin Investment Grade Corporate ETF during the third quarter worth about $925,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Franklin Investment Grade Corporate ETF by 21.1% during the third quarter. PNC Financial Services Group Inc. now owns 2,660 shares of the company’s stock worth $58,000 after acquiring an additional 463 shares in the last quarter.

Franklin Investment Grade Corporate ETF Price Performance

NYSEARCA:FLCO opened at $21.45 on Wednesday. The firm has a 50-day moving average of $21.54 and a 200-day moving average of $21.68. Franklin Investment Grade Corporate ETF has a one year low of $20.90 and a one year high of $22.10.

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.