Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Hits New 1-Year Low – Here’s What Happened

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGVGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $19.92 and last traded at $19.93, with a volume of 89191 shares traded. The stock had previously closed at $19.99.

Franklin U.S. Treasury Bond ETF Price Performance

The business’s 50-day simple moving average is $20.14 and its 200-day simple moving average is $20.34.

Institutional Investors Weigh In On Franklin U.S. Treasury Bond ETF

A number of large investors have recently added to or reduced their stakes in FLGV. World Investment Advisors bought a new stake in Franklin U.S. Treasury Bond ETF during the fourth quarter worth about $921,000. Flaharty Asset Management LLC raised its stake in shares of Franklin U.S. Treasury Bond ETF by 2.9% in the fourth quarter. Flaharty Asset Management LLC now owns 1,376,870 shares of the company’s stock valued at $28,253,000 after acquiring an additional 38,700 shares during the last quarter. MGO One Seven LLC raised its stake in shares of Franklin U.S. Treasury Bond ETF by 1,144.5% in the fourth quarter. MGO One Seven LLC now owns 191,264 shares of the company’s stock valued at $3,925,000 after acquiring an additional 175,895 shares during the last quarter. Sequent Planning LLC boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 10.9% in the 4th quarter. Sequent Planning LLC now owns 291,898 shares of the company’s stock worth $5,990,000 after acquiring an additional 28,704 shares in the last quarter. Finally, Scarborough Advisors LLC bought a new stake in Franklin U.S. Treasury Bond ETF during the 1st quarter worth approximately $555,000.

Franklin U.S. Treasury Bond ETF Company Profile

(Get Free Report)

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.

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