Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $19.64 and last traded at $19.6250, with a volume of 6261 shares trading hands. The stock had previously closed at $19.73.
Franklin U.S. Treasury Bond ETF Stock Performance
The company’s fifty day moving average is $19.91 and its 200-day moving average is $20.16.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Foundations Investment Advisors LLC bought a new position in shares of Franklin U.S. Treasury Bond ETF in the 4th quarter worth $244,000. Geneos Wealth Management Inc. grew its stake in Franklin U.S. Treasury Bond ETF by 3.3% in the first quarter. Geneos Wealth Management Inc. now owns 24,904 shares of the company’s stock valued at $509,000 after purchasing an additional 794 shares during the last quarter. Scarborough Advisors LLC purchased a new position in Franklin U.S. Treasury Bond ETF in the first quarter valued at about $555,000. World Investment Advisors bought a new position in Franklin U.S. Treasury Bond ETF in the fourth quarter worth about $921,000. Finally, NewEdge Advisors LLC raised its holdings in Franklin U.S. Treasury Bond ETF by 5.7% in the second quarter. NewEdge Advisors LLC now owns 65,715 shares of the company’s stock worth $1,333,000 after purchasing an additional 3,516 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.
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