Geneos Wealth Management Inc. Trims Holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Geneos Wealth Management Inc. lowered its holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 45.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 5,163 shares of the company’s stock after selling 4,234 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Franklin Investment Grade Corporate ETF were worth $110,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Benjamin F. Edwards & Company Inc. raised its stake in Franklin Investment Grade Corporate ETF by 0.8% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 213,368 shares of the company’s stock worth $4,620,000 after buying an additional 1,708 shares in the last quarter. Truist Financial Corp raised its position in shares of Franklin Investment Grade Corporate ETF by 7.0% in the 4th quarter. Truist Financial Corp now owns 84,667 shares of the company’s stock worth $1,833,000 after acquiring an additional 5,519 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Franklin Investment Grade Corporate ETF in the 4th quarter valued at approximately $260,000.

Franklin Investment Grade Corporate ETF Trading Up 0.4 %

FLCO opened at $21.41 on Friday. The stock has a fifty day simple moving average of $21.13 and a two-hundred day simple moving average of $21.19. Franklin Investment Grade Corporate ETF has a 12-month low of $19.68 and a 12-month high of $21.77.

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.