Envestnet Asset Management Inc. sell 50,486 shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Envestnet Asset Management Inc. lessened its holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Free Report) by 28.1% during the 2nd quarter, according to the company in its most recent SEC disclosure. The firm owned 129,452 shares of the company’s stock after selling 50,486 shares during the quarter. Holdings of Envestnet Asset Management Inc. in Franklin Investment Grade Corporate ETF were worth $2,733,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FLCO. Envestnet Portfolio Solutions Inc. lifted its position in shares of Franklin Investment Grade Corporate ETF by 15.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 26,473 shares of the company’s stock valued at $565,000 after acquiring an additional 3,499 shares during the period. Hantz Financial Services Inc. purchased a new stake in Franklin Investment Grade Corporate ETF in the second quarter valued at $66,123,000. Finally, Benjamin F. Edwards & Company Inc. raised its stake in Franklin Investment Grade Corporate ETF by 16.1% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 247,705 shares of the company’s stock valued at $5,288,000 after buying an additional 34,337 shares during the last quarter.

Franklin Investment Grade Corporate ETF Trades Down 0.5%

Shares of NYSEARCA FLCO stock opened at $21.85 on Friday. The company’s 50-day moving average price is $21.87 and its 200-day moving average price is $21.36. 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

(Free report)

The Franklin Investment Grade Corporate ETF (FLCO) is an exchange-traded fund that invests primarily in investment-grade fixed income. The Fund is an actively managed fund that uses a combined top-down and bottom-up approach to select USD-denominated investment grade bonds with no target duration. FLCO was launched on October 3, 2016 and is managed by Franklin Templeton.

See Also

Want to see what other hedge funds own FLCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO – Free Report).

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