Sanctuary Advisors LLC Has $8.98 Million Position in Franklin Investment Grade Corporate ETF $FLCO

Sanctuary Advisors LLC lifted its stake in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 10.3% during the 1st quarter, HoldingsChannel reports. The firm owned 419,177 shares of the company’s stock after acquiring an additional 39,008 shares during the period. Sanctuary Advisors LLC’s holdings in Franklin Investment Grade Corporate ETF were worth $8,979,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in Franklin Investment Grade Corporate ETF in the 4th quarter valued at approximately $58,000. PNC Financial Services Group Inc. grew its stake in shares of Franklin Investment Grade Corporate ETF by 35.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,600 shares of the company’s stock worth $78,000 after buying an additional 940 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Franklin Investment Grade Corporate ETF by 30.0% during the fourth quarter. Royal Bank of Canada now owns 8,191 shares of the company’s stock worth $177,000 after buying an additional 1,891 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Franklin Investment Grade Corporate ETF by 6.2% during the fourth quarter. HighTower Advisors LLC now owns 16,431 shares of the company’s stock worth $356,000 after buying an additional 954 shares in the last quarter. Finally, Brooklyn Investment Group lifted its stake in shares of Franklin Investment Grade Corporate ETF by 433.7% in the 3rd quarter. Brooklyn Investment Group now owns 19,204 shares of the company’s stock valued at $420,000 after acquiring an additional 15,606 shares during the last quarter.

Franklin Investment Grade Corporate ETF Price Performance

NYSEARCA FLCO opened at $21.20 on Friday. Franklin Investment Grade Corporate ETF has a twelve month low of $21.08 and a twelve month high of $22.10. The business’s fifty day moving average is $21.33 and its 200 day moving average is $21.50.

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.