Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Sees Strong Trading Volume – Still a Buy?

Shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGVGet Free Report) saw strong trading volume on Friday . 1,294,573 shares were traded during trading, an increase of 844% from the previous session’s volume of 137,128 shares.The stock last traded at $20.31 and had previously closed at $20.27.

Franklin U.S. Treasury Bond ETF Trading Up 0.1%

The firm’s 50-day moving average is $20.33 and its 200-day moving average is $20.50.

Institutional Trading of Franklin U.S. Treasury Bond ETF

Several hedge funds have recently bought and sold shares of FLGV. Flaharty Asset Management LLC bought a new stake in Franklin U.S. Treasury Bond ETF during the third quarter valued at about $27,622,000. Sequent Planning LLC bought a new stake in Franklin U.S. Treasury Bond ETF during the third quarter valued at about $5,432,000. Bank of America Corp DE grew its holdings in Franklin U.S. Treasury Bond ETF by 5.0% during the third quarter. Bank of America Corp DE now owns 5,461,509 shares of the company’s stock valued at $112,726,000 after purchasing an additional 262,232 shares during the period. MGO One Seven LLC grew its holdings in Franklin U.S. Treasury Bond ETF by 1,144.5% during the fourth quarter. MGO One Seven LLC now owns 191,264 shares of the company’s stock valued at $3,925,000 after purchasing an additional 175,895 shares during the period. Finally, Cetera Investment Advisers grew its holdings in Franklin U.S. Treasury Bond ETF by 49.4% during the fourth quarter. Cetera Investment Advisers now owns 516,521 shares of the company’s stock valued at $10,599,000 after purchasing an additional 170,887 shares during the period.

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.

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