Hantz Financial Services Inc. Has $82.93 Million Stake in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Hantz Financial Services Inc. raised its stake in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 19.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,753,330 shares of the company’s stock after buying an additional 621,032 shares during the quarter. Franklin Investment Grade Corporate ETF comprises 1.5% of Hantz Financial Services Inc.’s portfolio, making the stock its 13th biggest position. Hantz Financial Services Inc. owned 22.01% of Franklin Investment Grade Corporate ETF worth $82,931,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of FLCO. Sanctuary Advisors LLC bought a new position in Franklin Investment Grade Corporate ETF during the second quarter worth about $238,000. Atria Investments Inc bought a new position in shares of Franklin Investment Grade Corporate ETF during the 3rd quarter valued at about $1,063,000. Truist Financial Corp grew its position in shares of Franklin Investment Grade Corporate ETF by 8.0% in the 2nd quarter. Truist Financial Corp now owns 94,334 shares of the company’s stock valued at $1,991,000 after purchasing an additional 6,969 shares during the period. Finally, International Assets Investment Management LLC increased its stake in Franklin Investment Grade Corporate ETF by 119,623.8% during the 3rd quarter. International Assets Investment Management LLC now owns 663,270 shares of the company’s stock worth $14,655,000 after purchasing an additional 662,716 shares in the last quarter.

Franklin Investment Grade Corporate ETF Stock Performance

FLCO traded up $0.06 during trading on Thursday, reaching $21.58. The company had a trading volume of 49,971 shares, compared to its average volume of 188,548. Franklin Investment Grade Corporate ETF has a 12 month low of $20.60 and a 12 month high of $22.25. The business’s fifty day moving average price is $21.66 and its 200 day moving average price is $21.51.

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.