Synergy Asset Management LLC Purchases 1,730 Shares of Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD)

Synergy Asset Management LLC lifted its position in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) by 24.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,806 shares of the company’s stock after purchasing an additional 1,730 shares during the quarter. Synergy Asset Management LLC owned 0.36% of Franklin Liberty Short Duration US Government ETF worth $799,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in Franklin Liberty Short Duration US Government ETF in the 4th quarter valued at $43,618,000. LPL Financial LLC boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 88.8% during the 4th quarter. LPL Financial LLC now owns 111,770 shares of the company’s stock valued at $10,088,000 after acquiring an additional 52,572 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 313.9% during the 4th quarter. Jane Street Group LLC now owns 58,043 shares of the company’s stock valued at $5,239,000 after acquiring an additional 44,018 shares in the last quarter. M Holdings Securities Inc. bought a new stake in Franklin Liberty Short Duration US Government ETF in the fourth quarter valued at about $3,735,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Franklin Liberty Short Duration US Government ETF in the fourth quarter worth about $3,282,000.

Franklin Liberty Short Duration US Government ETF Stock Performance

Shares of FTSD opened at $90.69 on Friday. The company has a 50-day moving average price of $90.55 and a two-hundred day moving average price of $90.51. Franklin Liberty Short Duration US Government ETF has a 12 month low of $89.41 and a 12 month high of $93.47.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government.