Franklin Ultra Short Bond ETF (NYSEARCA:FLUD – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 7,476 shares, a decrease of 67.9% from the September 30th total of 23,315 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 290,024 shares, the short-interest ratio is presently 0.0 days.
Franklin Ultra Short Bond ETF Stock Up 0.0%
Shares of NYSEARCA FLUD traded up $0.01 during trading hours on Thursday, hitting $25.00. The company’s stock had a trading volume of 252,049 shares, compared to its average volume of 174,413. Franklin Ultra Short Bond ETF has a 12 month low of $24.84 and a 12 month high of $25.19. The business has a 50-day simple moving average of $24.95 and a 200-day simple moving average of $24.99.
Institutional Investors Weigh In On Franklin Ultra Short Bond ETF
Institutional investors and hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC lifted its stake in Franklin Ultra Short Bond ETF by 78.3% in the second quarter. Citadel Advisors LLC now owns 44,527 shares of the company’s stock worth $1,115,000 after acquiring an additional 19,552 shares during the period. Cetera Investment Advisers increased its position in Franklin Ultra Short Bond ETF by 181.9% during the 1st quarter. Cetera Investment Advisers now owns 23,781 shares of the company’s stock valued at $595,000 after purchasing an additional 15,345 shares during the period. Flagship Harbor Advisors LLC purchased a new position in Franklin Ultra Short Bond ETF during the 3rd quarter valued at $383,000. Janney Montgomery Scott LLC purchased a new position in Franklin Ultra Short Bond ETF during the 1st quarter valued at $355,000. Finally, GK Wealth Management LLC bought a new position in Franklin Ultra Short Bond ETF in the 3rd quarter worth $26,000.
About Franklin Ultra Short Bond ETF
The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.
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