Scarborough Advisors LLC Invests $555,000 in Franklin U.S. Treasury Bond ETF $FLGV

Scarborough Advisors LLC bought a new position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 27,157 shares of the company’s stock, valued at approximately $555,000. Scarborough Advisors LLC owned approximately 0.06% of Franklin U.S. Treasury Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Franklin U.S. Treasury Bond ETF by 5.0% in the 3rd quarter. Bank of America Corp DE now owns 5,461,509 shares of the company’s stock worth $112,726,000 after acquiring an additional 262,232 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Franklin U.S. Treasury Bond ETF by 2.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,179,614 shares of the company’s stock valued at $44,726,000 after acquiring an additional 61,654 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Franklin U.S. Treasury Bond ETF by 3.0% in the fourth quarter. Osaic Holdings Inc. now owns 2,055,607 shares of the company’s stock valued at $42,181,000 after purchasing an additional 60,028 shares in the last quarter. Flaharty Asset Management LLC grew its holdings in shares of Franklin U.S. Treasury Bond ETF by 2.9% in the fourth quarter. Flaharty Asset Management LLC now owns 1,376,870 shares of the company’s stock valued at $28,253,000 after purchasing an additional 38,700 shares in the last quarter. Finally, LPL Financial LLC increased its position in Franklin U.S. Treasury Bond ETF by 25.2% in the fourth quarter. LPL Financial LLC now owns 643,340 shares of the company’s stock worth $13,201,000 after purchasing an additional 129,546 shares during the last quarter.

Franklin U.S. Treasury Bond ETF Price Performance

Franklin U.S. Treasury Bond ETF stock opened at $20.14 on Monday. The firm’s fifty day moving average is $20.19 and its 200 day moving average is $20.40. Franklin U.S. Treasury Bond ETF has a 52-week low of $19.96 and a 52-week high of $21.30.

About Franklin U.S. Treasury Bond ETF

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.