Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 27,956 shares, a growth of 414.1% from the October 15th total of 5,438 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 19,382 shares, the days-to-cover ratio is currently 1.4 days.
Institutional Investors Weigh In On Franklin Responsibly Sourced Gold ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC raised its position in shares of Franklin Responsibly Sourced Gold ETF by 2,359.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 541 shares of the company’s stock valued at $33,000 after purchasing an additional 519 shares in the last quarter. Capital Analysts LLC boosted its stake in Franklin Responsibly Sourced Gold ETF by 49.4% during the 2nd quarter. Capital Analysts LLC now owns 677 shares of the company’s stock valued at $36,000 after acquiring an additional 224 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in Franklin Responsibly Sourced Gold ETF during the 2nd quarter valued at $169,000. MRA Advisory Group boosted its stake in Franklin Responsibly Sourced Gold ETF by 5.4% during the 2nd quarter. MRA Advisory Group now owns 4,658 shares of the company’s stock valued at $249,000 after acquiring an additional 240 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in Franklin Responsibly Sourced Gold ETF by 171.5% during the 1st quarter. Kestra Advisory Services LLC now owns 4,241 shares of the company’s stock worth $264,000 after acquiring an additional 2,679 shares in the last quarter.
Franklin Responsibly Sourced Gold ETF Stock Down 0.9%
Shares of NYSEARCA FGDL traded down $0.47 during midday trading on Wednesday, reaching $53.12. 11,536 shares of the company’s stock were exchanged, compared to its average volume of 41,302. Franklin Responsibly Sourced Gold ETF has a 52-week low of $51.54 and a 52-week high of $74.24. The business’s fifty day moving average price is $55.69 and its two-hundred day moving average price is $59.59.
Franklin Responsibly Sourced Gold ETF Company Profile
The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Associations responsible gold guidance. FGDL was launched on Jun 30, 2022 and is managed by Franklin Templeton.
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