Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. reduced its stake in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 4.4% in the third quarter, HoldingsChannel.com reports. The fund owned 35,910 shares of the company’s stock after selling 1,646 shares during the quarter. Valmark Advisers Inc.’s holdings in Franklin U.S. Treasury Bond ETF were worth $756,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in FLGV. Lockerman Financial Group Inc. lifted its holdings in shares of Franklin U.S. Treasury Bond ETF by 48.2% in the 2nd quarter. Lockerman Financial Group Inc. now owns 15,476 shares of the company’s stock worth $314,000 after purchasing an additional 5,031 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Franklin U.S. Treasury Bond ETF by 34.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 39,918 shares of the company’s stock valued at $818,000 after buying an additional 10,189 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Franklin U.S. Treasury Bond ETF during the first quarter valued at $266,000. Raymond James & Associates grew its position in shares of Franklin U.S. Treasury Bond ETF by 5.8% during the second quarter. Raymond James & Associates now owns 254,240 shares of the company’s stock worth $5,166,000 after acquiring an additional 13,829 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Franklin U.S. Treasury Bond ETF by 41.9% in the 1st quarter. Cetera Investment Advisers now owns 81,973 shares of the company’s stock worth $1,680,000 after acquiring an additional 24,220 shares during the period.

Franklin U.S. Treasury Bond ETF Price Performance

Franklin U.S. Treasury Bond ETF stock opened at $20.48 on Thursday. Franklin U.S. Treasury Bond ETF has a 52-week low of $19.53 and a 52-week high of $22.38. The firm has a 50-day moving average price of $20.90 and a two-hundred day moving average price of $20.55.

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.