Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Sees Large Volume Increase – What’s Next?

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGVGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 846,374 shares traded hands during trading, an increase of 474% from the previous session’s volume of 147,417 shares.The stock last traded at $20.36 and had previously closed at $20.33.

Franklin U.S. Treasury Bond ETF Stock Performance

The stock’s fifty day simple moving average is $20.48 and its 200-day simple moving average is $20.58.

Hedge Funds Weigh In On Franklin U.S. Treasury Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its holdings in Franklin U.S. Treasury Bond ETF by 2.6% during the 3rd quarter. Geneos Wealth Management Inc. now owns 24,559 shares of the company’s stock worth $507,000 after acquiring an additional 628 shares during the last quarter. Assetmark Inc. purchased a new position in shares of Franklin U.S. Treasury Bond ETF in the 4th quarter worth about $27,000. Encompass More Asset Management boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 2.6% in the 4th quarter. Encompass More Asset Management now owns 83,349 shares of the company’s stock worth $1,710,000 after buying an additional 2,140 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 38.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,503 shares of the company’s stock worth $258,000 after buying an additional 3,486 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 19.8% in the 2nd quarter. NewEdge Advisors LLC now owns 35,169 shares of the company’s stock worth $723,000 after buying an additional 5,806 shares during the last quarter.

Franklin U.S. Treasury Bond ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Franklin U.S. Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.