Thrivent Financial for Lutherans Makes New Investment in Franklin Liberty Short Duration US Government ETF $FTSD

Thrivent Financial for Lutherans acquired a new stake in shares of Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 76,700 shares of the company’s stock, valued at approximately $6,984,000.

A number of other institutional investors also recently modified their holdings of the company. D.A. Davidson & CO. purchased a new position in Franklin Liberty Short Duration US Government ETF during the 3rd quarter valued at about $1,701,000. Synergy Asset Management LLC grew its position in shares of Franklin Liberty Short Duration US Government ETF by 100.0% in the 3rd quarter. Synergy Asset Management LLC now owns 17,800 shares of the company’s stock worth $1,618,000 after buying an additional 8,900 shares during the last quarter. Flow Traders U.S. LLC increased its stake in shares of Franklin Liberty Short Duration US Government ETF by 75.9% during the second quarter. Flow Traders U.S. LLC now owns 10,736 shares of the company’s stock valued at $976,000 after buying an additional 4,634 shares during the period. Prospera Financial Services Inc purchased a new position in shares of Franklin Liberty Short Duration US Government ETF during the second quarter valued at approximately $261,000. Finally, Cetera Investment Advisers raised its holdings in shares of Franklin Liberty Short Duration US Government ETF by 27.5% during the second quarter. Cetera Investment Advisers now owns 12,963 shares of the company’s stock valued at $1,178,000 after acquiring an additional 2,793 shares in the last quarter.

Franklin Liberty Short Duration US Government ETF Stock Up 0.1%

Shares of FTSD stock opened at $91.02 on Friday. The stock has a fifty day moving average of $90.99 and a 200 day moving average of $90.93. Franklin Liberty Short Duration US Government ETF has a 52 week low of $89.65 and a 52 week high of $93.47.

Franklin Liberty Short Duration US Government ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.3031 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Franklin Liberty Short Duration US Government ETF’s previous monthly dividend of $0.29.

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. 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.