Janney Montgomery Scott LLC Lowers Stock Holdings in Franklin U.S. Treasury Bond ETF $FLGV

Janney Montgomery Scott LLC reduced its stake in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 19.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,747,242 shares of the company’s stock after selling 432,372 shares during the period. Janney Montgomery Scott LLC owned 3.57% of Franklin U.S. Treasury Bond ETF worth $35,696,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Franklin U.S. Treasury Bond ETF by 5.0% during the third quarter. Bank of America Corp DE now owns 5,461,509 shares of the company’s stock valued at $112,726,000 after acquiring an additional 262,232 shares in the last quarter. Osaic Holdings Inc. grew its stake in Franklin U.S. Treasury Bond ETF by 3.0% in the fourth quarter. Osaic Holdings Inc. now owns 2,055,607 shares of the company’s stock worth $42,181,000 after purchasing an additional 60,028 shares in the last quarter. Flaharty Asset Management LLC increased its holdings in Franklin U.S. Treasury Bond ETF by 2.9% during the 4th quarter. Flaharty Asset Management LLC now owns 1,376,870 shares of the company’s stock worth $28,253,000 after purchasing an additional 38,700 shares during the period. LPL Financial LLC increased its holdings in Franklin U.S. Treasury Bond ETF by 25.2% during the 4th quarter. LPL Financial LLC now owns 643,340 shares of the company’s stock worth $13,201,000 after purchasing an additional 129,546 shares during the period. Finally, Cetera Investment Advisers raised its position in Franklin U.S. Treasury Bond ETF by 49.4% during the 4th quarter. Cetera Investment Advisers now owns 516,521 shares of the company’s stock valued at $10,599,000 after purchasing an additional 170,887 shares in the last quarter.

Franklin U.S. Treasury Bond ETF Stock Performance

Shares of FLGV stock opened at $20.35 on Tuesday. Franklin U.S. Treasury Bond ETF has a twelve month low of $19.96 and a twelve month high of $21.30. The stock has a fifty day simple moving average of $20.26 and a two-hundred day simple moving average of $20.44.

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.