Bailard Inc. Invests $413,000 in Franklin Responsibly Sourced Gold ETF $FGDL

Bailard Inc. acquired a new stake in shares of Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 8,000 shares of the company’s stock, valued at approximately $413,000. Bailard Inc. owned approximately 0.10% of Franklin Responsibly Sourced Gold ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Comerica Bank bought a new stake in Franklin Responsibly Sourced Gold ETF during the 1st quarter worth approximately $48,000. Jane Street Group LLC increased its stake in shares of Franklin Responsibly Sourced Gold ETF by 18.5% in the first quarter. Jane Street Group LLC now owns 117,211 shares of the company’s stock worth $4,903,000 after purchasing an additional 18,319 shares in the last quarter. Spinnaker Investment Group LLC bought a new stake in shares of Franklin Responsibly Sourced Gold ETF during the 2nd quarter valued at $270,000. Trademark Financial Management LLC raised its position in shares of Franklin Responsibly Sourced Gold ETF by 8.6% during the 2nd quarter. Trademark Financial Management LLC now owns 6,803 shares of the company’s stock valued at $299,000 after purchasing an additional 537 shares during the period. Finally, 3EDGE Asset Management LP lifted its stake in shares of Franklin Responsibly Sourced Gold ETF by 22.3% during the 2nd quarter. 3EDGE Asset Management LP now owns 76,275 shares of the company’s stock valued at $3,354,000 after buying an additional 13,933 shares in the last quarter.

Franklin Responsibly Sourced Gold ETF Stock Up 1.5%

Shares of Franklin Responsibly Sourced Gold ETF stock opened at $66.55 on Friday. Franklin Responsibly Sourced Gold ETF has a fifty-two week low of $36.50 and a fifty-two week high of $66.59. The company has a fifty day moving average of $58.38 and a 200 day moving average of $52.31.

About Franklin Responsibly Sourced Gold ETF

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.