Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Stock Short Interest Report for September

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 48,978 shares, a decline of 37.7% from the September 15th total of 78,670 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 830,928 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Franklin U.S. Treasury Bond ETF

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE grew its position in shares of Franklin U.S. Treasury Bond ETF by 1.9% during the 1st quarter. Bank of America Corp DE now owns 5,622,894 shares of the company’s stock valued at $114,876,000 after purchasing an additional 107,211 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in Franklin U.S. Treasury Bond ETF by 6.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 500,532 shares of the company’s stock worth $10,151,000 after acquiring an additional 29,278 shares during the last quarter. First Heartland Consultants Inc. increased its stake in Franklin U.S. Treasury Bond ETF by 3.6% in the 2nd quarter. First Heartland Consultants Inc. now owns 448,314 shares of the company’s stock worth $9,092,000 after acquiring an additional 15,683 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Franklin U.S. Treasury Bond ETF by 5.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 438,218 shares of the company’s stock worth $8,887,000 after acquiring an additional 23,316 shares during the last quarter. Finally, Sequent Planning LLC raised its holdings in shares of Franklin U.S. Treasury Bond ETF by 10.3% in the 1st quarter. Sequent Planning LLC now owns 321,888 shares of the company’s stock valued at $6,576,000 after acquiring an additional 29,990 shares in the last quarter.

Franklin U.S. Treasury Bond ETF Trading Up 0.1%

Shares of FLGV traded up $0.01 during midday trading on Friday, hitting $19.62. 216,299 shares of the company traded hands, compared to its average volume of 178,107. The stock has a 50-day moving average of $19.74 and a 200-day moving average of $20.05. Franklin U.S. Treasury Bond ETF has a one year low of $19.33 and a one year high of $20.89.

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.