Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 8,485 shares, an increase of 151.3% from the January 29th total of 3,377 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 42,258 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 42,258 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are short sold.

Franklin Liberty Short Duration US Government ETF Price Performance

Shares of NYSEARCA FTSD opened at $91.13 on Friday. Franklin Liberty Short Duration US Government ETF has a twelve month low of $89.65 and a twelve month high of $93.40. The business has a fifty day simple moving average of $91.02 and a two-hundred day simple moving average of $90.98.

Franklin Liberty Short Duration US Government ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.3031 dividend. The ex-dividend date was Monday, February 2nd. This is an increase from Franklin Liberty Short Duration US Government ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 4.0%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in shares of Franklin Liberty Short Duration US Government ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 466,237 shares of the company’s stock valued at $42,432,000 after purchasing an additional 70,066 shares in the last quarter. Franklin Resources Inc. increased its holdings in Franklin Liberty Short Duration US Government ETF by 15.9% during the fourth quarter. Franklin Resources Inc. now owns 360,014 shares of the company’s stock valued at $32,765,000 after buying an additional 49,267 shares during the period. UBS Group AG raised its stake in Franklin Liberty Short Duration US Government ETF by 63.0% in the fourth quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after buying an additional 40,396 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in Franklin Liberty Short Duration US Government ETF by 183.7% in the third quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock worth $9,334,000 after buying an additional 66,373 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Franklin Liberty Short Duration US Government ETF by 1.9% during the third quarter. Bank of America Corp DE now owns 92,550 shares of the company’s stock worth $8,428,000 after buying an additional 1,708 shares during the period.

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.