Commonwealth Equity Services LLC Raises Position in Franklin Responsibly Sourced Gold ETF $FGDL

Commonwealth Equity Services LLC raised its position in Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) by 16.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 215,256 shares of the company’s stock after buying an additional 30,355 shares during the period. Commonwealth Equity Services LLC owned about 2.83% of Franklin Responsibly Sourced Gold ETF worth $11,120,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. SigFig Wealth Management LLC purchased a new position in shares of Franklin Responsibly Sourced Gold ETF in the third quarter valued at approximately $385,000. Merit Financial Group LLC acquired a new position in Franklin Responsibly Sourced Gold ETF in the 3rd quarter valued at $309,000. Trademark Financial Management LLC lifted its holdings in Franklin Responsibly Sourced Gold ETF by 38.3% in the 3rd quarter. Trademark Financial Management LLC now owns 9,407 shares of the company’s stock valued at $486,000 after purchasing an additional 2,604 shares in the last quarter. Perigon Wealth Management LLC acquired a new stake in Franklin Responsibly Sourced Gold ETF during the 3rd quarter worth $703,000. Finally, Horst & Graben Wealth Management LLC purchased a new stake in shares of Franklin Responsibly Sourced Gold ETF during the third quarter worth $676,000.

Franklin Responsibly Sourced Gold ETF Price Performance

NYSEARCA:FGDL opened at $60.01 on Monday. Franklin Responsibly Sourced Gold ETF has a twelve month low of $35.53 and a twelve month high of $62.21. The company’s 50-day moving average price is $56.63 and its 200-day moving average price is $51.11.

Franklin Responsibly Sourced Gold ETF Company Profile

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.