JPMorgan Chase & Co. Takes $5.36 Million Position in Franklin Responsibly Sourced Gold ETF $FGDL

JPMorgan Chase & Co. 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 Securities & Exchange Commission. The institutional investor acquired 103,696 shares of the company’s stock, valued at approximately $5,357,000. JPMorgan Chase & Co. owned 1.34% of Franklin Responsibly Sourced Gold ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in Franklin Responsibly Sourced Gold ETF during the third quarter valued at $33,000. Raymond James Financial Inc. bought a new position in shares of Franklin Responsibly Sourced Gold ETF during the 2nd quarter valued at about $35,000. Farther Finance Advisors LLC purchased a new position in shares of Franklin Responsibly Sourced Gold ETF during the third quarter valued at about $41,000. JFS Wealth Advisors LLC purchased a new position in shares of Franklin Responsibly Sourced Gold ETF during the third quarter valued at about $43,000. Finally, Comerica Bank bought a new stake in shares of Franklin Responsibly Sourced Gold ETF in the third quarter worth about $45,000.

Franklin Responsibly Sourced Gold ETF Trading Up 1.9%

NYSEARCA:FGDL opened at $63.37 on Thursday. The business’s 50-day moving average is $66.03 and its 200 day moving average is $59.27. Franklin Responsibly Sourced Gold ETF has a 12 month low of $39.44 and a 12 month high of $74.24.

About Franklin Responsibly Sourced Gold ETF

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.