Sanctuary Advisors LLC Has $5 Million Stock Position in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Sanctuary Advisors LLC lifted its stake in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 1,942.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 234,182 shares of the company’s stock after buying an additional 222,715 shares during the period. Sanctuary Advisors LLC owned about 1.37% of Franklin Investment Grade Corporate ETF worth $5,000,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. MML Investors Services LLC raised its position in Franklin Investment Grade Corporate ETF by 44.0% in the third quarter. MML Investors Services LLC now owns 29,254 shares of the company’s stock valued at $646,000 after purchasing an additional 8,934 shares during the last quarter. Jane Street Group LLC bought a new position in Franklin Investment Grade Corporate ETF in the 3rd quarter valued at approximately $2,402,000. Benjamin Edwards Inc. acquired a new stake in Franklin Investment Grade Corporate ETF during the 3rd quarter worth approximately $5,357,000. Flow Traders U.S. LLC bought a new stake in Franklin Investment Grade Corporate ETF during the 3rd quarter worth approximately $1,899,000. Finally, Hantz Financial Services Inc. increased its position in Franklin Investment Grade Corporate ETF by 19.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,753,330 shares of the company’s stock valued at $82,931,000 after acquiring an additional 621,032 shares during the period.

Franklin Investment Grade Corporate ETF Trading Down 0.8 %

Shares of NYSEARCA:FLCO opened at $21.31 on Monday. Franklin Investment Grade Corporate ETF has a 52 week low of $20.60 and a 52 week high of $22.25. The firm’s fifty day moving average is $21.55 and its 200-day moving average is $21.56.

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.