Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Stock Short Interest Report for October

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 26,107 shares, a decline of 46.7% from the September 30th total of 48,978 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 255,899 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 hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in Franklin U.S. Treasury Bond ETF by 1.9% during the 1st quarter. Bank of America Corp DE now owns 5,622,894 shares of the company’s stock worth $114,876,000 after buying an additional 107,211 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Franklin U.S. Treasury Bond ETF by 6.2% in the second quarter. Concurrent Investment Advisors LLC now owns 500,532 shares of the company’s stock worth $10,151,000 after acquiring an additional 29,278 shares in the last quarter. First Heartland Consultants Inc. acquired a new position in shares of Franklin U.S. Treasury Bond ETF in the third quarter worth $9,079,000. Envestnet Asset Management Inc. increased its position in shares of Franklin U.S. Treasury Bond ETF by 5.6% during the second quarter. Envestnet Asset Management Inc. now owns 438,218 shares of the company’s stock worth $8,887,000 after acquiring an additional 23,316 shares during the period. Finally, MGO One Seven LLC increased its position in shares of Franklin U.S. Treasury Bond ETF by 18.3% during the third quarter. MGO One Seven LLC now owns 243,213 shares of the company’s stock worth $4,726,000 after acquiring an additional 37,542 shares during the period.

Franklin U.S. Treasury Bond ETF Trading Up 0.4%

Shares of NYSEARCA:FLGV traded up $0.07 during midday trading on Friday, reaching $19.83. 492,562 shares of the company’s stock traded hands, compared to its average volume of 180,851. Franklin U.S. Treasury Bond ETF has a 1 year low of $19.33 and a 1 year high of $20.85. The company has a fifty day simple moving average of $19.68 and a two-hundred day simple moving average of $20.16.

About Franklin U.S. Treasury Bond ETF

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.