Franklin Liberty Short Duration US Government ETF $FTSD Shares Bought by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC raised its stake in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) by 239.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 14,476 shares of the company’s stock after buying an additional 10,206 shares during the period. Gateway Wealth Partners LLC’s holdings in Franklin Liberty Short Duration US Government ETF were worth $1,314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 466,237 shares of the company’s stock valued at $42,432,000 after acquiring an additional 70,066 shares during the last quarter. Franklin Resources Inc. increased its position in Franklin Liberty Short Duration US Government ETF by 15.9% during the fourth quarter. Franklin Resources Inc. now owns 360,014 shares of the company’s stock worth $32,765,000 after purchasing an additional 49,267 shares during the last quarter. UBS Group AG increased its position in Franklin Liberty Short Duration US Government ETF by 63.0% during the fourth quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after purchasing an additional 40,396 shares during the last quarter. Bank of America Corp DE raised its stake in Franklin Liberty Short Duration US Government ETF by 1.9% during the third quarter. Bank of America Corp DE now owns 92,550 shares of the company’s stock worth $8,428,000 after purchasing an additional 1,708 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in Franklin Liberty Short Duration US Government ETF by 9.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 83,719 shares of the company’s stock worth $7,614,000 after purchasing an additional 7,019 shares during the period.

Franklin Liberty Short Duration US Government ETF Trading Up 0.1%

NYSEARCA:FTSD opened at $90.16 on Wednesday. The company’s 50-day moving average is $90.23 and its two-hundred day moving average is $90.60. Franklin Liberty Short Duration US Government ETF has a 1-year low of $89.57 and a 1-year high of $91.51.

Franklin Liberty Short Duration US Government ETF Profile

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.