Total Investment Management Inc. Acquires 18,209 Shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

Total Investment Management Inc. lifted its holdings in shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 2.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 664,576 shares of the company’s stock after purchasing an additional 18,209 shares during the period. Franklin U.S. Treasury Bond ETF comprises 1.7% of Total Investment Management Inc.’s portfolio, making the stock its 13th largest holding. Total Investment Management Inc.’s holdings in Franklin U.S. Treasury Bond ETF were worth $13,617,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Geneos Wealth Management Inc. raised its position in shares of Franklin U.S. Treasury Bond ETF by 9.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 10,642 shares of the company’s stock worth $222,000 after acquiring an additional 923 shares during the last quarter. Atria Wealth Solutions Inc. grew its position in shares of Franklin U.S. Treasury Bond ETF by 5.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 20,555 shares of the company’s stock worth $428,000 after buying an additional 1,049 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Franklin U.S. Treasury Bond ETF by 5.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 29,729 shares of the company’s stock worth $619,000 after buying an additional 1,653 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in Franklin U.S. Treasury Bond ETF by 14.9% in the fourth quarter. Valmark Advisers Inc. now owns 34,553 shares of the company’s stock valued at $720,000 after buying an additional 4,491 shares during the period. Finally, Leicht Financial Planning & Wealth Management Inc. bought a new position in Franklin U.S. Treasury Bond ETF in the fourth quarter valued at approximately $240,000.

Franklin U.S. Treasury Bond ETF Price Performance

FLGV traded down $0.08 during trading on Friday, reaching $20.32. 243,293 shares of the company’s stock were exchanged, compared to its average volume of 169,108. The company’s fifty day moving average price is $20.20 and its 200-day moving average price is $20.39. Franklin U.S. Treasury Bond ETF has a fifty-two week low of $19.53 and a fifty-two week high of $22.38.

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.