RFG Advisory LLC Invests $1.82 Million in Franklin U.S. Treasury Bond ETF $FLGV

RFG Advisory LLC purchased a new position in shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 89,893 shares of the company’s stock, valued at approximately $1,823,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in shares of Franklin U.S. Treasury Bond ETF by 5.7% during the second quarter. NewEdge Advisors LLC now owns 65,715 shares of the company’s stock valued at $1,333,000 after buying an additional 3,516 shares during the period. Citadel Advisors LLC boosted its holdings in Franklin U.S. Treasury Bond ETF by 59.5% during the 2nd quarter. Citadel Advisors LLC now owns 193,448 shares of the company’s stock valued at $3,923,000 after acquiring an additional 72,136 shares during the period. Concurrent Investment Advisors LLC grew its position in Franklin U.S. Treasury Bond ETF by 6.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 500,532 shares of the company’s stock valued at $10,151,000 after acquiring an additional 29,278 shares during the last quarter. First Heartland Consultants Inc. grew its position in Franklin U.S. Treasury Bond ETF by 3.6% in the 2nd quarter. First Heartland Consultants Inc. now owns 448,314 shares of the company’s stock valued at $9,092,000 after acquiring an additional 15,683 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Franklin U.S. Treasury Bond ETF by 1.9% in the first quarter. Bank of America Corp DE now owns 5,622,894 shares of the company’s stock worth $114,876,000 after purchasing an additional 107,211 shares during the period.

Franklin U.S. Treasury Bond ETF Trading Down 0.6%

NYSEARCA:FLGV opened at $19.72 on Friday. Franklin U.S. Treasury Bond ETF has a twelve month low of $19.70 and a twelve month high of $20.89. The stock has a fifty day simple moving average of $20.00 and a 200-day simple moving average of $20.23.

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.