263,194 Shares in Franklin U.S. Treasury Bond ETF $FLGV Bought by Sequent Planning LLC

Sequent Planning LLC purchased a new stake in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 263,194 shares of the company’s stock, valued at approximately $5,432,000. Franklin U.S. Treasury Bond ETF accounts for about 1.5% of Sequent Planning LLC’s investment portfolio, making the stock its 14th largest position. Sequent Planning LLC owned approximately 0.51% of Franklin U.S. Treasury Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in shares of Franklin U.S. Treasury Bond ETF by 1,833.0% during the 1st quarter. NewEdge Advisors LLC now owns 29,363 shares of the company’s stock worth $604,000 after purchasing an additional 27,844 shares during the period. Jane Street Group LLC bought a new stake in shares of Franklin U.S. Treasury Bond ETF in the first quarter valued at about $712,000. Envestnet Asset Management Inc. lifted its stake in shares of Franklin U.S. Treasury Bond ETF by 6.0% in the second quarter. Envestnet Asset Management Inc. now owns 384,055 shares of the company’s stock valued at $7,892,000 after buying an additional 21,646 shares during the period. Cetera Investment Advisers grew its position in Franklin U.S. Treasury Bond ETF by 8.0% during the second quarter. Cetera Investment Advisers now owns 308,850 shares of the company’s stock worth $6,347,000 after buying an additional 22,790 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in Franklin U.S. Treasury Bond ETF by 8.9% during the second quarter. Franklin Resources Inc. now owns 36,391,292 shares of the company’s stock worth $747,841,000 after buying an additional 2,969,522 shares in the last quarter.

Franklin U.S. Treasury Bond ETF Stock Performance

Shares of FLGV opened at $20.58 on Friday. The stock’s 50-day moving average price is $20.59 and its 200 day moving average price is $20.63. Franklin U.S. Treasury Bond ETF has a 12-month low of $19.44 and a 12-month high of $21.30.

Franklin U.S. Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.064 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

About Franklin U.S. Treasury Bond ETF

The Franklin U.S. Treasury Bond ETF (FLGV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in US Treasurys with remaining maturities of 1 30 years. FLGV was launched on Jun 9, 2020 and is managed by Franklin Templeton.