Envestnet Asset Management Inc. Purchases New Holdings in Franklin Responsibly Sourced Gold ETF $FGDL

Envestnet Asset Management Inc. acquired a new position in Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 741,994 shares of the company’s stock, valued at approximately $38,331,000. Envestnet Asset Management Inc. owned 9.57% of Franklin Responsibly Sourced Gold ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FGDL. Commonwealth Equity Services LLC lifted its holdings in shares of Franklin Responsibly Sourced Gold ETF by 16.4% in the third quarter. Commonwealth Equity Services LLC now owns 215,256 shares of the company’s stock valued at $11,120,000 after purchasing an additional 30,355 shares in the last quarter. 3EDGE Asset Management LP raised its position in Franklin Responsibly Sourced Gold ETF by 20.5% during the third quarter. 3EDGE Asset Management LP now owns 91,929 shares of the company’s stock valued at $4,749,000 after buying an additional 15,654 shares during the period. Bailard Inc. purchased a new stake in Franklin Responsibly Sourced Gold ETF in the 3rd quarter worth about $413,000. CWM LLC acquired a new stake in Franklin Responsibly Sourced Gold ETF during the 3rd quarter worth about $2,275,000. Finally, Perigon Wealth Management LLC acquired a new stake in Franklin Responsibly Sourced Gold ETF during the 3rd quarter worth about $703,000.

Franklin Responsibly Sourced Gold ETF Trading Down 1.3%

Shares of FGDL opened at $66.98 on Wednesday. Franklin Responsibly Sourced Gold ETF has a fifty-two week low of $37.79 and a fifty-two week high of $74.24. The business’s 50-day moving average is $61.20 and its 200-day moving average is $54.30.

Franklin Responsibly Sourced Gold ETF Profile

The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Associations responsible gold guidance. FGDL was launched on Jun 30, 2022 and is managed by Franklin Templeton.