Raymond James Financial Inc. Takes $5.72 Million Position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

Raymond James Financial Inc. acquired a new position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 284,139 shares of the company’s stock, valued at approximately $5,717,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of Franklin U.S. Treasury Bond ETF by 4.3% during the third quarter. JPMorgan Chase & Co. now owns 12,237 shares of the company’s stock valued at $258,000 after purchasing an additional 506 shares during the period. Jane Street Group LLC grew its position in Franklin U.S. Treasury Bond ETF by 161.6% in the 3rd quarter. Jane Street Group LLC now owns 87,381 shares of the company’s stock valued at $1,840,000 after buying an additional 53,981 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Franklin U.S. Treasury Bond ETF by 4.1% in the 4th quarter. Geneos Wealth Management Inc. now owns 16,809 shares of the company’s stock valued at $338,000 after buying an additional 657 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in Franklin U.S. Treasury Bond ETF by 42.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 223,224 shares of the company’s stock valued at $4,491,000 after buying an additional 66,578 shares during the period. Finally, Atria Wealth Solutions Inc. bought a new stake in shares of Franklin U.S. Treasury Bond ETF during the 4th quarter worth about $291,000.

Franklin U.S. Treasury Bond ETF Trading Down 0.4 %

Franklin U.S. Treasury Bond ETF stock opened at $20.42 on Tuesday. Franklin U.S. Treasury Bond ETF has a 12-month low of $19.53 and a 12-month high of $22.38. The firm has a 50 day simple moving average of $20.29 and a 200-day simple moving average of $20.45.

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.