Total Investment Management Inc. trimmed its position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV – Free Report) by 98.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 12,376 shares of the company’s stock after selling 765,899 shares during the quarter. Total Investment Management Inc.’s holdings in Franklin U.S. Treasury Bond ETF were worth $254,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Franklin Resources Inc. boosted its position in Franklin U.S. Treasury Bond ETF by 8.9% in the second quarter. Franklin Resources Inc. now owns 36,391,292 shares of the company’s stock valued at $747,841,000 after buying an additional 2,969,522 shares during the last quarter. Janney Montgomery Scott LLC raised its position in Franklin U.S. Treasury Bond ETF by 7.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 2,095,403 shares of the company’s stock worth $43,061,000 after buying an additional 142,428 shares during the last quarter. Bank of America Corp DE lifted its stake in Franklin U.S. Treasury Bond ETF by 1.3% during the 2nd quarter. Bank of America Corp DE now owns 5,199,277 shares of the company’s stock valued at $106,845,000 after acquiring an additional 64,641 shares during the period. CW Advisors LLC lifted its stake in Franklin U.S. Treasury Bond ETF by 6.7% during the 2nd quarter. CW Advisors LLC now owns 653,282 shares of the company’s stock valued at $13,425,000 after acquiring an additional 41,124 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 14.4% in the 1st quarter. Raymond James Financial Inc. now owns 324,981 shares of the company’s stock valued at $6,683,000 after acquiring an additional 40,842 shares during the last quarter.
Franklin U.S. Treasury Bond ETF Trading Down 0.2%
NYSEARCA:FLGV opened at $20.54 on Friday. The company’s fifty day moving average price is $20.69 and its 200-day moving average price is $20.54. Franklin U.S. Treasury Bond ETF has a 1-year low of $19.44 and a 1-year high of $21.30.
Franklin U.S. Treasury Bond ETF 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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