Transamerica Financial Advisors Inc. Decreases Holdings in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

Transamerica Financial Advisors Inc. reduced its stake in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 36.2% in the 3rd quarter, Holdings Channel reports. The firm owned 97,217 shares of the company’s stock after selling 55,239 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Franklin U.S. Treasury Bond ETF were worth $2,048,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Lockerman Financial Group Inc. grew its stake in shares of Franklin U.S. Treasury Bond ETF by 48.2% in the second quarter. Lockerman Financial Group Inc. now owns 15,476 shares of the company’s stock valued at $314,000 after buying an additional 5,031 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in Franklin U.S. Treasury Bond ETF in the third quarter valued at approximately $340,000. Valmark Advisers Inc. grew its position in Franklin U.S. Treasury Bond ETF by 7.2% in the second quarter. Valmark Advisers Inc. now owns 37,556 shares of the company’s stock valued at $763,000 after acquiring an additional 2,531 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Franklin U.S. Treasury Bond ETF by 481.5% during the second quarter. Concurrent Investment Advisors LLC now owns 75,437 shares of the company’s stock valued at $1,533,000 after purchasing an additional 62,465 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Franklin U.S. Treasury Bond ETF by 41.9% during the first quarter. Cetera Investment Advisers now owns 81,973 shares of the company’s stock worth $1,680,000 after purchasing an additional 24,220 shares in the last quarter.

Franklin U.S. Treasury Bond ETF Price Performance

Shares of FLGV stock traded down $0.05 on Tuesday, hitting $20.42. The stock had a trading volume of 2,267 shares, compared to its average volume of 158,391. The stock’s 50 day moving average is $20.64 and its 200-day moving average is $20.59. Franklin U.S. Treasury Bond ETF has a 52-week low of $19.53 and a 52-week high of $22.38.

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.