MGO One Seven LLC Takes $583,000 Position in Franklin Investment Grade Corporate ETF $FLCO

MGO One Seven LLC bought a new stake in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) during the fourth quarter, Holdings Channel reports. The institutional investor bought 26,929 shares of the company’s stock, valued at approximately $583,000.

A number of other hedge funds have also bought and sold shares of the business. Sequent Planning LLC purchased a new stake in shares of Franklin Investment Grade Corporate ETF during the 3rd quarter valued at $2,301,000. Hantz Financial Services Inc. increased its position in shares of Franklin Investment Grade Corporate ETF by 1.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 5,188,386 shares of the company’s stock valued at $113,522,000 after purchasing an additional 78,004 shares during the last quarter. Compound Planning Inc. purchased a new stake in shares of Franklin Investment Grade Corporate ETF during the 3rd quarter valued at $925,000. Sanctuary Advisors LLC increased its position in shares of Franklin Investment Grade Corporate ETF by 36.4% during the 4th quarter. Sanctuary Advisors LLC now owns 380,169 shares of the company’s stock valued at $8,231,000 after purchasing an additional 101,398 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its position in shares of Franklin Investment Grade Corporate ETF by 3.5% during the 4th quarter. Benjamin Edwards Inc. now owns 287,986 shares of the company’s stock valued at $6,235,000 after purchasing an additional 9,794 shares during the last quarter.

Franklin Investment Grade Corporate ETF Price Performance

Shares of Franklin Investment Grade Corporate ETF stock opened at $21.35 on Thursday. Franklin Investment Grade Corporate ETF has a 1 year low of $20.90 and a 1 year high of $22.10. The stock has a fifty day moving average price of $21.45 and a 200-day moving average price of $21.64.

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.