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

Citadel Advisors LLC raised its stake in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 49.5% in the second quarter, HoldingsChannel.com reports. The fund owned 176,968 shares of the company’s stock after purchasing an additional 58,586 shares during the quarter. Citadel Advisors LLC’s holdings in Franklin Investment Grade Corporate ETF were worth $3,794,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FLCO. Kestra Advisory Services LLC acquired a new stake in shares of Franklin Investment Grade Corporate ETF during the fourth quarter valued at $58,000. PNC Financial Services Group Inc. increased its position in Franklin Investment Grade Corporate ETF by 35.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,600 shares of the company’s stock worth $78,000 after purchasing an additional 940 shares in the last quarter. Royal Bank of Canada raised its stake in Franklin Investment Grade Corporate ETF by 30.0% in the 4th quarter. Royal Bank of Canada now owns 8,191 shares of the company’s stock valued at $177,000 after purchasing an additional 1,891 shares during the last quarter. HighTower Advisors LLC raised its stake in Franklin Investment Grade Corporate ETF by 6.2% in the 4th quarter. HighTower Advisors LLC now owns 16,431 shares of the company’s stock valued at $356,000 after purchasing an additional 954 shares during the last quarter. Finally, Brooklyn Investment Group lifted its holdings in 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 purchasing an additional 15,606 shares in the last quarter.

Franklin Investment Grade Corporate ETF Price Performance

Franklin Investment Grade Corporate ETF stock opened at $20.84 on Tuesday. Franklin Investment Grade Corporate ETF has a 12-month low of $20.72 and a 12-month high of $22.10. The firm’s 50-day moving average is $21.06 and its two-hundred day moving average is $21.32.

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.