Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Shares Cross Above 200-Day Moving Average – Time to Sell?

Shares of Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $90.43 and traded as high as $90.71. Franklin Liberty Short Duration US Government ETF shares last traded at $90.62, with a volume of 36,312 shares trading hands.

Franklin Liberty Short Duration US Government ETF Trading Up 0.1 %

The firm’s fifty day moving average is $90.65 and its 200 day moving average is $90.43.

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

A number of hedge funds have recently made changes to their positions in the stock. World Investment Advisors LLC purchased a new position in shares of Franklin Liberty Short Duration US Government ETF in the 3rd quarter valued at approximately $213,000. Larson Financial Group LLC acquired a new position in Franklin Liberty Short Duration US Government ETF in the second quarter valued at approximately $322,000. U.S. Capital Wealth Advisors LLC boosted its holdings in Franklin Liberty Short Duration US Government ETF by 19.7% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 3,932 shares of the company’s stock worth $354,000 after buying an additional 647 shares in the last quarter. Atria Investments Inc grew its position in shares of Franklin Liberty Short Duration US Government ETF by 6.2% during the 3rd quarter. Atria Investments Inc now owns 10,894 shares of the company’s stock valued at $995,000 after acquiring an additional 637 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF in the second quarter valued at approximately $1,036,000.

About Franklin Liberty Short Duration US Government ETF

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.