Janney Montgomery Scott LLC Grows Position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

Janney Montgomery Scott LLC grew its stake in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 101.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,269,281 shares of the company’s stock after buying an additional 639,183 shares during the quarter. Janney Montgomery Scott LLC owned approximately 3.51% of Franklin U.S. Treasury Bond ETF worth $26,008,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. increased its holdings in Franklin U.S. Treasury Bond ETF by 9.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 10,642 shares of the company’s stock worth $222,000 after acquiring an additional 923 shares in the last quarter. Leicht Financial Planning & Wealth Management Inc. purchased a new stake in shares of Franklin U.S. Treasury Bond ETF in the fourth quarter worth $240,000. International Assets Investment Management LLC bought a new stake in shares of Franklin U.S. Treasury Bond ETF during the 4th quarter valued at $328,000. Atria Wealth Solutions Inc. boosted its holdings in Franklin U.S. Treasury Bond ETF by 5.4% in 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. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Franklin U.S. Treasury Bond ETF by 5.9% in the 4th 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 in the last quarter.

Franklin U.S. Treasury Bond ETF Price Performance

NYSEARCA:FLGV traded up $0.08 on Friday, reaching $20.37. 12,598 shares of the company’s stock traded hands, compared to its average volume of 165,996. The stock has a 50-day simple moving average of $20.23 and a 200-day simple moving average of $20.38. Franklin U.S. Treasury Bond ETF has a 12 month low of $19.53 and a 12 month 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.