Shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV – Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as $19.86 and last traded at $19.88, with a volume of 4392 shares trading hands. The stock had previously closed at $19.96.
Franklin U.S. Treasury Bond ETF Price Performance
The company has a 50-day moving average price of $20.05 and a 200-day moving average price of $20.27.
Hedge Funds Weigh In On Franklin U.S. Treasury Bond ETF
Institutional investors have recently modified their holdings of the stock. Citadel Advisors LLC raised its position in shares of Franklin U.S. Treasury Bond ETF by 59.5% in the 2nd quarter. Citadel Advisors LLC now owns 193,448 shares of the company’s stock valued at $3,923,000 after acquiring an additional 72,136 shares during the period. Concurrent Investment Advisors LLC increased its stake in Franklin U.S. Treasury Bond ETF by 6.2% in the second quarter. Concurrent Investment Advisors LLC now owns 500,532 shares of the company’s stock valued at $10,151,000 after purchasing an additional 29,278 shares in the last quarter. First Heartland Consultants Inc. increased its stake in Franklin U.S. Treasury Bond ETF by 3.6% in the second quarter. First Heartland Consultants Inc. now owns 448,314 shares of the company’s stock valued at $9,092,000 after purchasing an additional 15,683 shares in the last quarter. Bank of America Corp DE raised its holdings in Franklin U.S. Treasury Bond ETF by 1.9% in the first quarter. Bank of America Corp DE now owns 5,622,894 shares of the company’s stock worth $114,876,000 after purchasing an additional 107,211 shares during the period. Finally, Scarborough Advisors LLC acquired a new stake in Franklin U.S. Treasury Bond ETF in the first quarter worth $555,000.
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.
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