Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) Shares Sold by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. lessened its stake in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 1.5% in the 2nd quarter, Holdings Channel reports. The firm owned 243,916 shares of the company’s stock after selling 3,789 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Franklin Investment Grade Corporate ETF were worth $5,149,000 at the end of the most recent reporting period.

Separately, Envestnet Portfolio Solutions Inc. increased its stake in Franklin Investment Grade Corporate ETF by 15.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 26,473 shares of the company’s stock worth $565,000 after buying an additional 3,499 shares in the last quarter.

Franklin Investment Grade Corporate ETF Stock Performance

NYSEARCA FLCO opened at $22.17 on Friday. The stock’s 50 day simple moving average is $21.71 and its 200-day simple moving average is $21.31. Franklin Investment Grade Corporate ETF has a 1-year low of $19.68 and a 1-year high of $22.25.

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.