Franklin Responsibly Sourced Gold ETF $FGDL Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its stake in shares of Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) by 66.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 5,462 shares of the company’s stock after selling 10,852 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Franklin Responsibly Sourced Gold ETF were worth $340,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in Franklin Responsibly Sourced Gold ETF by 12.6% during the fourth quarter. LPL Financial LLC now owns 259,327 shares of the company’s stock worth $14,937,000 after buying an additional 29,017 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Franklin Responsibly Sourced Gold ETF by 3.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 222,988 shares of the company’s stock worth $12,844,000 after acquiring an additional 7,732 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Franklin Responsibly Sourced Gold ETF by 18.5% during the 1st quarter. Jane Street Group LLC now owns 117,211 shares of the company’s stock worth $4,903,000 after acquiring an additional 18,319 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Franklin Responsibly Sourced Gold ETF by 3.7% during the 4th quarter. JPMorgan Chase & Co. now owns 107,504 shares of the company’s stock worth $6,192,000 after acquiring an additional 3,808 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Franklin Responsibly Sourced Gold ETF by 6.7% during the 4th quarter. Cetera Investment Advisers now owns 61,356 shares of the company’s stock worth $3,534,000 after acquiring an additional 3,827 shares during the period.

Franklin Responsibly Sourced Gold ETF Price Performance

Shares of FGDL stock opened at $53.41 on Friday. Franklin Responsibly Sourced Gold ETF has a twelve month low of $43.56 and a twelve month high of $74.24. The company’s 50-day moving average price is $57.09 and its 200-day moving average price is $61.59.

Franklin Responsibly Sourced Gold ETF 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.