Verus Capital Partners LLC Sells 1,394 Shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

Verus Capital Partners LLC trimmed its stake in shares of Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 6.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,066 shares of the company’s stock after selling 1,394 shares during the period. Verus Capital Partners LLC owned 0.12% of Franklin Investment Grade Corporate ETF worth $465,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FLCO. Envestnet Portfolio Solutions Inc. grew its position in shares of Franklin Investment Grade Corporate ETF by 15.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 26,473 shares of the company’s stock valued at $565,000 after purchasing an additional 3,499 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in Franklin Investment Grade Corporate ETF during the 2nd quarter valued at approximately $66,123,000. Truist Financial Corp raised its holdings in shares of Franklin Investment Grade Corporate ETF by 8.0% during the 2nd quarter. Truist Financial Corp now owns 94,334 shares of the company’s stock worth $1,991,000 after acquiring an additional 6,969 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Franklin Investment Grade Corporate ETF during the 2nd quarter valued at approximately $238,000. Finally, International Assets Investment Management LLC boosted its position in shares of Franklin Investment Grade Corporate ETF by 119,623.8% during the 3rd quarter. International Assets Investment Management LLC now owns 663,270 shares of the company’s stock valued at $14,655,000 after acquiring an additional 662,716 shares during the last quarter.

Franklin Investment Grade Corporate ETF Stock Performance

Shares of FLCO opened at $21.37 on Wednesday. Franklin Investment Grade Corporate ETF has a fifty-two week low of $20.20 and a fifty-two week high of $22.25. The company’s fifty day moving average is $21.82 and its 200 day moving average is $21.47.

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.