Bank of New York Mellon Corp Buys 5,936 Shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Bank of New York Mellon Corp increased its holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 4.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 136,071 shares of the company’s stock after acquiring an additional 5,936 shares during the period. Bank of New York Mellon Corp’s holdings in Franklin Investment Grade Corporate ETF were worth $2,869,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. MML Investors Services LLC increased its stake in shares of Franklin Investment Grade Corporate ETF by 44.0% during the third quarter. MML Investors Services LLC now owns 29,254 shares of the company’s stock valued at $646,000 after buying an additional 8,934 shares during the period. JPMorgan Chase & Co. boosted its stake in Franklin Investment Grade Corporate ETF by 13,393.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 48,713 shares of the company’s stock valued at $1,076,000 after purchasing an additional 48,352 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Franklin Investment Grade Corporate ETF during the 3rd quarter valued at about $1,899,000. Jane Street Group LLC bought a new stake in Franklin Investment Grade Corporate ETF in the 3rd quarter worth approximately $2,402,000. Finally, Truist Financial Corp lifted its holdings in Franklin Investment Grade Corporate ETF by 13.8% in the fourth quarter. Truist Financial Corp now owns 123,121 shares of the company’s stock valued at $2,596,000 after acquiring an additional 14,883 shares during the period.

Franklin Investment Grade Corporate ETF Stock Down 0.1 %

Shares of FLCO stock opened at $21.43 on Friday. The company has a 50 day simple moving average of $21.25 and a two-hundred day simple moving average of $21.47. Franklin Investment Grade Corporate ETF has a 12 month low of $20.60 and a 12 month high of $22.25.

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.