Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Sees Large Decrease in Short Interest

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 13,260 shares, a decrease of 48.5% from the July 15th total of 25,736 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 99,521 shares, the days-to-cover ratio is currently 0.1 days.

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

A number of institutional investors have recently modified their holdings of FLGV. Assetmark Inc. purchased a new stake in Franklin U.S. Treasury Bond ETF in the 4th quarter valued at $27,000. Foundations Investment Advisors LLC acquired a new position in Franklin U.S. Treasury Bond ETF in the fourth quarter valued at $244,000. JPMorgan Chase & Co. raised its holdings in shares of Franklin U.S. Treasury Bond ETF by 38.7% in the third quarter. JPMorgan Chase & Co. now owns 12,503 shares of the company’s stock valued at $258,000 after buying an additional 3,486 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Franklin U.S. Treasury Bond ETF in the fourth quarter valued at about $287,000. Finally, GC Wealth Management RIA LLC acquired a new stake in shares of Franklin U.S. Treasury Bond ETF during the fourth quarter worth about $371,000.

Franklin U.S. Treasury Bond ETF Trading Down 0.2%

FLGV traded down $0.04 during trading on Monday, hitting $19.93. 76,678 shares of the stock were exchanged, compared to its average volume of 131,649. Franklin U.S. Treasury Bond ETF has a 1-year low of $19.92 and a 1-year high of $20.89. The stock has a fifty day moving average price of $20.11 and a two-hundred day moving average price of $20.32.

Franklin U.S. Treasury Bond ETF Company Profile

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.