First Heartland Consultants Inc. Invests $15.38 Million in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

First Heartland Consultants Inc. bought a new position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 764,414 shares of the company’s stock, valued at approximately $15,380,000. Franklin U.S. Treasury Bond ETF comprises about 1.5% of First Heartland Consultants Inc.’s investment portfolio, making the stock its 15th biggest holding. First Heartland Consultants Inc. owned about 2.12% of Franklin U.S. Treasury Bond ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its holdings in shares of Franklin U.S. Treasury Bond ETF by 15.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,799,015 shares of the company’s stock worth $36,196,000 after purchasing an additional 244,284 shares during the last quarter. Total Investment Management Inc. increased its stake in Franklin U.S. Treasury Bond ETF by 6.6% during the fourth quarter. Total Investment Management Inc. now owns 746,551 shares of the company’s stock worth $15,021,000 after acquiring an additional 46,191 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Franklin U.S. Treasury Bond ETF during the fourth quarter worth approximately $5,717,000. Concurrent Investment Advisors LLC increased its stake in Franklin U.S. Treasury Bond ETF by 42.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 223,224 shares of the company’s stock worth $4,491,000 after acquiring an additional 66,578 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Franklin U.S. Treasury Bond ETF by 41.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 161,391 shares of the company’s stock worth $3,247,000 after acquiring an additional 47,602 shares during the last quarter.

Franklin U.S. Treasury Bond ETF Price Performance

Shares of NYSEARCA FLGV opened at $20.23 on Wednesday. The business’s 50 day moving average is $20.42 and its two-hundred day moving average is $20.32. Franklin U.S. Treasury Bond ETF has a 1-year low of $19.44 and a 1-year high of $21.28.

Franklin U.S. Treasury Bond ETF Company Profile

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.