Shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 363,879 shares changed hands during trading, an increase of 134% from the previous session’s volume of 155,182 shares.The stock last traded at $20.43 and had previously closed at $20.41.
Franklin U.S. Treasury Bond ETF Trading Down 0.5%
The firm has a 50-day simple moving average of $20.55 and a 200-day simple moving average of $20.61.
Institutional Trading of Franklin U.S. Treasury Bond ETF
A number of institutional investors have recently added to or reduced their stakes in FLGV. Geneos Wealth Management Inc. boosted its stake in Franklin U.S. Treasury Bond ETF by 2.6% in the 3rd quarter. Geneos Wealth Management Inc. now owns 24,559 shares of the company’s stock worth $507,000 after purchasing an additional 628 shares during the period. Assetmark Inc. purchased a new stake in shares of Franklin U.S. Treasury Bond ETF in the fourth quarter worth about $27,000. Encompass More Asset Management lifted its holdings in shares of Franklin U.S. Treasury Bond ETF by 2.6% in the fourth quarter. Encompass More Asset Management now owns 83,349 shares of the company’s stock worth $1,710,000 after buying an additional 2,140 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Franklin U.S. Treasury Bond ETF by 38.7% in the third quarter. JPMorgan Chase & Co. now owns 12,503 shares of the company’s stock valued at $258,000 after acquiring an additional 3,486 shares during the period. Finally, NewEdge Advisors LLC boosted its position in shares of Franklin U.S. Treasury Bond ETF by 19.8% in the second quarter. NewEdge Advisors LLC now owns 35,169 shares of the company’s stock valued at $723,000 after acquiring an additional 5,806 shares during the period.
Franklin U.S. Treasury Bond ETF Company Profile
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.
Further Reading
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