Farther Finance Advisors LLC Trims Stake in Franklin U.S. Treasury Bond ETF $FLGV

Farther Finance Advisors LLC reduced its position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 89.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,845 shares of the company’s stock after selling 16,377 shares during the quarter. Farther Finance Advisors LLC’s holdings in Franklin U.S. Treasury Bond ETF were worth $38,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLGV. Janney Montgomery Scott LLC boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 8.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,952,975 shares of the company’s stock worth $40,163,000 after purchasing an additional 153,960 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 22.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 35,765 shares of the company’s stock worth $736,000 after purchasing an additional 6,538 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Franklin U.S. Treasury Bond ETF by 34.7% in the 1st quarter. Concurrent Investment Advisors LLC now owns 300,737 shares of the company’s stock valued at $6,185,000 after acquiring an additional 77,513 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Franklin U.S. Treasury Bond ETF by 124.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 362,409 shares of the company’s stock valued at $7,453,000 after acquiring an additional 201,018 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in shares of Franklin U.S. Treasury Bond ETF by 28.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 27,255 shares of the company’s stock valued at $561,000 after acquiring an additional 6,100 shares during the last quarter.

Franklin U.S. Treasury Bond ETF Price Performance

NYSEARCA FLGV opened at $20.61 on Wednesday. Franklin U.S. Treasury Bond ETF has a 1-year low of $19.44 and a 1-year high of $21.30. The stock has a 50-day moving average of $20.57 and a 200-day moving average of $20.44.

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.