MML Investors Services LLC Has $646,000 Stock Holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

MML Investors Services LLC grew its holdings in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 44.0% in the third quarter, Holdings Channel reports. The institutional investor owned 29,254 shares of the company’s stock after acquiring an additional 8,934 shares during the period. MML Investors Services LLC’s holdings in Franklin Investment Grade Corporate ETF were worth $646,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FLCO. Hantz Financial Services Inc. bought a new position in Franklin Investment Grade Corporate ETF in the 2nd quarter valued at about $66,123,000. Truist Financial Corp boosted its position in shares of Franklin Investment Grade Corporate ETF by 8.0% during the second quarter. Truist Financial Corp now owns 94,334 shares of the company’s stock valued at $1,991,000 after buying an additional 6,969 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Franklin Investment Grade Corporate ETF during the second quarter valued at approximately $238,000. International Assets Investment Management LLC grew its holdings in Franklin Investment Grade Corporate ETF by 119,623.8% during the third quarter. International Assets Investment Management LLC now owns 663,270 shares of the company’s stock worth $14,655,000 after buying an additional 662,716 shares in the last quarter. Finally, Atria Investments Inc purchased a new stake in Franklin Investment Grade Corporate ETF in the 3rd quarter valued at $1,063,000.

Franklin Investment Grade Corporate ETF Stock Up 0.3 %

FLCO opened at $21.12 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’s fifty day moving average price is $21.49 and its two-hundred day moving average price is $21.56.

Franklin Investment Grade Corporate ETF 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.