Smartleaf Asset Management LLC Makes New Investment in Franklin Liberty Short Duration US Government ETF $FTSD

Smartleaf Asset Management LLC bought a new stake in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) during the 3rd quarter, Holdings Channel reports. The firm bought 11,032 shares of the company’s stock, valued at approximately $1,004,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp raised its position in shares of Franklin Liberty Short Duration US Government ETF by 16.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 15,870 shares of the company’s stock valued at $1,445,000 after buying an additional 2,236 shares during the period. Thrivent Financial for Lutherans purchased a new position in Franklin Liberty Short Duration US Government ETF in the third quarter worth approximately $6,984,000. D.A. Davidson & CO. acquired a new stake in Franklin Liberty Short Duration US Government ETF during the third quarter worth $1,701,000. Synergy Asset Management LLC raised its position in Franklin Liberty Short Duration US Government ETF by 100.0% in the third quarter. Synergy Asset Management LLC now owns 17,800 shares of the company’s stock valued at $1,618,000 after purchasing an additional 8,900 shares during the period. Finally, World Investment Advisors raised its position in Franklin Liberty Short Duration US Government ETF by 42.8% in the third quarter. World Investment Advisors now owns 3,334 shares of the company’s stock valued at $304,000 after purchasing an additional 1,000 shares during the period.

Franklin Liberty Short Duration US Government ETF Price Performance

Shares of Franklin Liberty Short Duration US Government ETF stock opened at $91.01 on Tuesday. Franklin Liberty Short Duration US Government ETF has a 52 week low of $89.65 and a 52 week high of $93.47. The business’s fifty day simple moving average is $90.99 and its 200-day simple moving average is $90.94.

Franklin Liberty Short Duration US Government ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.3031 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from Franklin Liberty Short Duration US Government ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 4.0%.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.