Janney Montgomery Scott LLC Boosts Stock Holdings in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

Janney Montgomery Scott LLC increased its position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 7.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,554,731 shares of the company’s stock after acquiring an additional 110,855 shares during the period. Janney Montgomery Scott LLC owned about 4.31% of Franklin U.S. Treasury Bond ETF worth $32,743,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC bought a new stake in shares of Franklin U.S. Treasury Bond ETF during the 1st quarter valued at about $266,000. Lockerman Financial Group Inc. grew its position in Franklin U.S. Treasury Bond ETF by 48.2% during the second quarter. Lockerman Financial Group Inc. now owns 15,476 shares of the company’s stock valued at $314,000 after buying an additional 5,031 shares during the period. Farther Finance Advisors LLC purchased a new stake in Franklin U.S. Treasury Bond ETF during the third quarter valued at approximately $340,000. Valmark Advisers Inc. raised its position in Franklin U.S. Treasury Bond ETF by 7.2% in the second quarter. Valmark Advisers Inc. now owns 37,556 shares of the company’s stock worth $763,000 after acquiring an additional 2,531 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Franklin U.S. Treasury Bond ETF by 34.3% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 39,918 shares of the company’s stock worth $818,000 after acquiring an additional 10,189 shares during the last quarter.

Franklin U.S. Treasury Bond ETF Price Performance

Shares of FLGV stock opened at $20.40 on Tuesday. Franklin U.S. Treasury Bond ETF has a 1 year low of $19.53 and a 1 year high of $22.38. The firm has a fifty day moving average price of $20.88 and a 200-day moving average price of $20.56.

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.