Franklin Ultra Short Bond ETF (NYSEARCA:FLUD – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 7,476 shares, a decrease of 67.9% from the September 30th total of 23,315 shares. Based on an average daily volume of 290,024 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Institutional Trading of Franklin Ultra Short Bond ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. GK Wealth Management LLC acquired a new position in Franklin Ultra Short Bond ETF in the third quarter valued at $26,000. Janney Montgomery Scott LLC purchased a new stake in Franklin Ultra Short Bond ETF during the first quarter valued at about $355,000. Flagship Harbor Advisors LLC acquired a new stake in Franklin Ultra Short Bond ETF during the third quarter worth about $383,000. Cetera Investment Advisers increased its stake in Franklin Ultra Short Bond ETF by 181.9% during the first quarter. Cetera Investment Advisers now owns 23,781 shares of the company’s stock worth $595,000 after acquiring an additional 15,345 shares during the last quarter. Finally, Citadel Advisors LLC raised its holdings in shares of Franklin Ultra Short Bond ETF by 78.3% in the 2nd quarter. Citadel Advisors LLC now owns 44,527 shares of the company’s stock worth $1,115,000 after purchasing an additional 19,552 shares during the period.
Franklin Ultra Short Bond ETF Stock Performance
NYSEARCA:FLUD traded up $0.04 during trading hours on Friday, reaching $25.04. 144,588 shares of the company were exchanged, compared to its average volume of 174,270. Franklin Ultra Short Bond ETF has a 52-week low of $24.84 and a 52-week high of $25.18. The stock has a 50 day simple moving average of $24.95 and a 200 day simple moving average of $24.99.
Franklin Ultra Short Bond ETF Company Profile
The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.
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