Verus Capital Partners LLC Has $426,000 Stock Holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Verus Capital Partners LLC lowered its position in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,211 shares of the company’s stock after selling 855 shares during the quarter. Verus Capital Partners LLC owned approximately 0.12% of Franklin Investment Grade Corporate ETF worth $426,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its holdings in shares of Franklin Investment Grade Corporate ETF by 4.6% in the 4th quarter. Bank of New York Mellon Corp now owns 136,071 shares of the company’s stock worth $2,869,000 after acquiring an additional 5,936 shares in the last quarter. Truist Financial Corp raised its position in Franklin Investment Grade Corporate ETF by 13.8% in the 4th quarter. Truist Financial Corp now owns 123,121 shares of the company’s stock valued at $2,596,000 after purchasing an additional 14,883 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in Franklin Investment Grade Corporate ETF by 9.1% in the fourth quarter. Sanctuary Advisors LLC now owns 255,416 shares of the company’s stock worth $5,426,000 after purchasing an additional 21,234 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Franklin Investment Grade Corporate ETF by 11.9% during the fourth quarter. Hantz Financial Services Inc. now owns 4,198,482 shares of the company’s stock worth $88,538,000 after purchasing an additional 445,152 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Franklin Investment Grade Corporate ETF by 13,393.9% in the third quarter. JPMorgan Chase & Co. now owns 48,713 shares of the company’s stock valued at $1,076,000 after buying an additional 48,352 shares in the last quarter.

Franklin Investment Grade Corporate ETF Stock Performance

FLCO opened at $21.51 on Friday. Franklin Investment Grade Corporate ETF has a 1-year low of $20.60 and a 1-year high of $22.25. The firm has a 50-day moving average price of $21.16 and a two-hundred day moving average price of $21.51.

About Franklin Investment Grade Corporate ETF

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.