3EDGE Asset Management LP decreased its stake in shares of Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL – Free Report) by 61.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 35,614 shares of the company’s stock after selling 56,315 shares during the quarter. 3EDGE Asset Management LP’s holdings in Franklin Responsibly Sourced Gold ETF were worth $2,051,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the stock. Comerica Bank purchased a new stake in shares of Franklin Responsibly Sourced Gold ETF in the first quarter worth $48,000. Jane Street Group LLC raised its position in shares of Franklin Responsibly Sourced Gold ETF by 18.5% in the 1st quarter. Jane Street Group LLC now owns 117,211 shares of the company’s stock worth $4,903,000 after purchasing an additional 18,319 shares during the last quarter. Raymond James Financial Inc. bought a new position in Franklin Responsibly Sourced Gold ETF in the 2nd quarter worth about $35,000. Bank of America Corp DE bought a new position in Franklin Responsibly Sourced Gold ETF in the 2nd quarter worth about $120,000. Finally, Osaic Holdings Inc. grew its holdings in shares of Franklin Responsibly Sourced Gold ETF by 104.0% during the second quarter. Osaic Holdings Inc. now owns 23,968 shares of the company’s stock valued at $1,054,000 after buying an additional 12,220 shares during the last quarter.
Franklin Responsibly Sourced Gold ETF Price Performance
Shares of FGDL opened at $59.79 on Wednesday. Franklin Responsibly Sourced Gold ETF has a twelve month low of $43.16 and a twelve month high of $74.24. The firm has a 50 day moving average of $62.81 and a 200 day moving average of $61.51.
Franklin Responsibly Sourced Gold ETF Profile
The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Associations responsible gold guidance. FGDL was launched on Jun 30, 2022 and is managed by Franklin Templeton.
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Want to see what other hedge funds are holding FGDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL – Free Report).
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