Total Investment Management Inc. Buys 46,191 Shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

Total Investment Management Inc. increased its stake in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 6.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 746,551 shares of the company’s stock after buying an additional 46,191 shares during the period. Franklin U.S. Treasury Bond ETF makes up approximately 2.1% of Total Investment Management Inc.’s holdings, making the stock its 10th biggest position. Total Investment Management Inc.’s holdings in Franklin U.S. Treasury Bond ETF were worth $15,021,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of FLGV. Raymond James & Associates grew its holdings in shares of Franklin U.S. Treasury Bond ETF by 7.9% in the 3rd quarter. Raymond James & Associates now owns 274,318 shares of the company’s stock worth $5,777,000 after acquiring an additional 20,078 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in shares of Franklin U.S. Treasury Bond ETF in the 3rd quarter worth $340,000. Janney Montgomery Scott LLC grew its holdings in shares of Franklin U.S. Treasury Bond ETF by 7.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,554,731 shares of the company’s stock worth $32,743,000 after acquiring an additional 110,855 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of Franklin U.S. Treasury Bond ETF by 107.7% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 156,646 shares of the company’s stock worth $3,299,000 after acquiring an additional 81,209 shares during the last quarter. Finally, Encompass More Asset Management acquired a new position in shares of Franklin U.S. Treasury Bond ETF in the 3rd quarter worth $500,000.

Franklin U.S. Treasury Bond ETF Stock Performance

Shares of NYSEARCA FLGV opened at $20.24 on Monday. The stock’s fifty day simple moving average is $20.15 and its 200 day simple moving average is $20.54. Franklin U.S. Treasury Bond ETF has a 52-week low of $19.53 and a 52-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.