Commonwealth Equity Services LLC Purchases 10,568 Shares of Franklin Liberty Short Duration US Government ETF $FTSD

Commonwealth Equity Services LLC lifted its position in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) by 34.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 41,216 shares of the company’s stock after acquiring an additional 10,568 shares during the period. Commonwealth Equity Services LLC’s holdings in Franklin Liberty Short Duration US Government ETF were worth $3,751,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ameriflex Group Inc. bought a new position in Franklin Liberty Short Duration US Government ETF during the third quarter valued at approximately $180,000. StoneX Group Inc. bought a new position in Franklin Liberty Short Duration US Government ETF during the fourth quarter valued at approximately $224,000. IFP Advisors Inc bought a new position in Franklin Liberty Short Duration US Government ETF during the third quarter valued at approximately $288,000. World Investment Advisors lifted its position in Franklin Liberty Short Duration US Government ETF by 7.3% during the fourth quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $303,000 after purchasing an additional 244 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in Franklin Liberty Short Duration US Government ETF during the fourth quarter valued at approximately $324,000.

Franklin Liberty Short Duration US Government ETF Stock Performance

Shares of Franklin Liberty Short Duration US Government ETF stock opened at $90.07 on Tuesday. The company’s 50 day moving average is $90.48 and its 200 day moving average is $90.79. Franklin Liberty Short Duration US Government ETF has a twelve month low of $89.65 and a twelve month high of $91.51.

Franklin Liberty Short Duration US Government ETF Company Profile

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.