Encompass More Asset Management Raises Position in Franklin Ultra Short Bond ETF (NYSEARCA:FLUD)

Encompass More Asset Management boosted its holdings in shares of Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) by 9.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 80,661 shares of the company’s stock after buying an additional 6,813 shares during the quarter. Encompass More Asset Management owned approximately 0.54% of Franklin Ultra Short Bond ETF worth $2,001,000 as of its most recent SEC filing.

Separately, IHT Wealth Management LLC purchased a new stake in Franklin Ultra Short Bond ETF during the 3rd quarter worth approximately $498,000.

Franklin Ultra Short Bond ETF Stock Up 0.0 %

NYSEARCA FLUD opened at $24.90 on Friday. Franklin Ultra Short Bond ETF has a 12-month low of $24.15 and a 12-month high of $26.04. The company has a fifty day simple moving average of $24.87 and a two-hundred day simple moving average of $24.89.

Franklin Ultra Short Bond ETF Profile

The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.