Franklin Income Focus ETF (NYSEARCA:INCM) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its holdings in Franklin Income Focus ETF (NYSEARCA:INCM) by 42.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,129 shares of the company’s stock after buying an additional 22,828 shares during the period. Cetera Investment Advisers owned approximately 0.88% of Franklin Income Focus ETF worth $1,969,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of INCM. Wealth Enhancement Advisory Services LLC raised its stake in shares of Franklin Income Focus ETF by 2.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 797,625 shares of the company’s stock valued at $20,802,000 after acquiring an additional 21,958 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Franklin Income Focus ETF by 26.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 119,845 shares of the company’s stock valued at $3,126,000 after purchasing an additional 24,706 shares in the last quarter. Perigon Wealth Management LLC grew its position in shares of Franklin Income Focus ETF by 22.8% during the first quarter. Perigon Wealth Management LLC now owns 10,765 shares of the company’s stock worth $281,000 after buying an additional 2,000 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Franklin Income Focus ETF by 16.5% during the first quarter. Janney Montgomery Scott LLC now owns 23,559 shares of the company’s stock worth $614,000 after buying an additional 3,336 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in shares of Franklin Income Focus ETF by 40.8% during the first quarter. Avantax Advisory Services Inc. now owns 69,158 shares of the company’s stock worth $1,804,000 after buying an additional 20,033 shares during the period.

Franklin Income Focus ETF Trading Up 0.4 %

Shares of Franklin Income Focus ETF stock opened at $27.14 on Monday. Franklin Income Focus ETF has a 52-week low of $23.36 and a 52-week high of $27.65. The company has a 50 day moving average of $26.88 and a 200 day moving average of $26.24.

Franklin Income Focus ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, August 5th. Investors of record on Wednesday, July 31st were issued a $0.111 dividend. The ex-dividend date was Wednesday, July 31st.

Franklin Income Focus ETF Profile

The Franklin Income Focus ETF (INCM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a diversified portfolio of equities and debt securities. The fund seeks to maximize income over a full market cycle by utilizing income generation strategies and investing opportunistically across various assets classes, markets, and sectors.