Maridea Wealth Management LLC Purchases New Shares in Franklin Responsibly Sourced Gold ETF $FGDL

Maridea Wealth Management LLC purchased a new stake in Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 47,978 shares of the company’s stock, valued at approximately $2,983,000. Maridea Wealth Management LLC owned about 0.58% of Franklin Responsibly Sourced Gold ETF at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of FGDL. Osbon Capital Management LLC acquired a new position in Franklin Responsibly Sourced Gold ETF in the fourth quarter valued at $27,000. Advisory Services Network LLC acquired a new stake in shares of Franklin Responsibly Sourced Gold ETF during the third quarter worth about $33,000. Raymond James Financial Inc. acquired a new stake in shares of Franklin Responsibly Sourced Gold ETF during the second quarter worth about $35,000. Transamerica Financial Advisors LLC boosted its stake in shares of Franklin Responsibly Sourced Gold ETF by 255.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 644 shares of the company’s stock worth $37,000 after buying an additional 463 shares during the period. Finally, JFS Wealth Advisors LLC purchased a new position in shares of Franklin Responsibly Sourced Gold ETF during the third quarter worth about $43,000.

Franklin Responsibly Sourced Gold ETF Stock Performance

Shares of FGDL stock opened at $54.10 on Friday. Franklin Responsibly Sourced Gold ETF has a 52-week low of $43.41 and a 52-week high of $74.24. The stock’s 50-day moving average price is $59.60 and its 200 day moving average price is $62.00.

About Franklin Responsibly Sourced Gold ETF

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.