Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Shares Down 0.3% – Time to Sell?
by Kim Johansen · The Markets DailyFranklin U.S. Treasury Bond ETF (NYSEARCA:FLGV – Get Free Report)’s stock price was down 0.3% on Tuesday . The stock traded as low as $20.42 and last traded at $20.42. Approximately 143,249 shares changed hands during trading, a decline of 9% from the average daily volume of 157,903 shares. The stock had previously closed at $20.48.
Franklin U.S. Treasury Bond ETF Price Performance
The business has a 50 day moving average of $20.52 and a 200 day moving average of $20.58.
Hedge Funds Weigh In On Franklin U.S. Treasury Bond ETF
Hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its position in shares of Franklin U.S. Treasury Bond ETF by 1,833.0% during the 1st quarter. NewEdge Advisors LLC now owns 29,363 shares of the company’s stock valued at $604,000 after acquiring an additional 27,844 shares in the last quarter. Jane Street Group LLC acquired a new position in Franklin U.S. Treasury Bond ETF in the first quarter worth about $712,000. Bank of America Corp DE lifted its stake in Franklin U.S. Treasury Bond ETF by 1.3% during the second quarter. Bank of America Corp DE now owns 5,199,277 shares of the company’s stock worth $106,845,000 after purchasing an additional 64,641 shares during the period. Encompass More Asset Management boosted its holdings in Franklin U.S. Treasury Bond ETF by 102.0% during the third quarter. Encompass More Asset Management now owns 81,209 shares of the company’s stock valued at $1,676,000 after purchasing an additional 41,005 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Franklin U.S. Treasury Bond ETF by 2.6% during the third quarter. Geneos Wealth Management Inc. now owns 24,559 shares of the company’s stock valued at $507,000 after purchasing an additional 628 shares in the last quarter.
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.