Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL – Get Free Report) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 22 shares, a decline of 98.2% from the February 26th total of 1,209 shares. Based on an average daily trading volume, of 200,781 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 200,781 shares, the short-interest ratio is presently 0.0 days.
Franklin Responsibly Sourced Gold ETF Stock Up 2.7%
NYSEARCA:FGDL traded up $1.59 on Wednesday, hitting $60.10. The stock had a trading volume of 19,015 shares, compared to its average volume of 95,480. Franklin Responsibly Sourced Gold ETF has a 52 week low of $39.44 and a 52 week high of $74.24. The business’s fifty day moving average is $66.23 and its 200 day moving average is $58.84.
Hedge Funds Weigh In On Franklin Responsibly Sourced Gold ETF
A number of large investors have recently modified their holdings of FGDL. Envestnet Asset Management Inc. bought a new stake in Franklin Responsibly Sourced Gold ETF during the 3rd quarter valued at $38,331,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of Franklin Responsibly Sourced Gold ETF in the third quarter valued at $8,333,000. JPMorgan Chase & Co. acquired a new position in shares of Franklin Responsibly Sourced Gold ETF during the third quarter valued at about $5,357,000. Park Avenue Securities LLC acquired a new position in shares of Franklin Responsibly Sourced Gold ETF during the third quarter valued at about $3,042,000. Finally, CWM LLC bought a new stake in shares of Franklin Responsibly Sourced Gold ETF during the third quarter worth about $2,275,000.
About Franklin Responsibly Sourced Gold ETF
The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Associations responsible gold guidance. FGDL was launched on Jun 30, 2022 and is managed by Franklin Templeton.
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