Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Sees Large Volume Increase – Should You Buy?

Shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGVGet Free Report) saw an uptick in trading volume on Tuesday . 491,176 shares were traded during trading, an increase of 298% from the previous session’s volume of 123,503 shares.The stock last traded at $20.5750 and had previously closed at $20.58.

Franklin U.S. Treasury Bond ETF Price Performance

The business has a 50-day moving average of $20.65 and a 200 day moving average of $20.56.

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

Several large investors have recently bought and sold shares of FLGV. Aprio Wealth Management LLC purchased a new stake in shares of Franklin U.S. Treasury Bond ETF in the 1st quarter worth $250,000. JPMorgan Chase & Co. increased its position in Franklin U.S. Treasury Bond ETF by 38.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,503 shares of the company’s stock valued at $258,000 after purchasing an additional 3,486 shares during the period. MGO One Seven LLC bought a new stake in shares of Franklin U.S. Treasury Bond ETF in the 3rd quarter valued at about $317,000. Geneos Wealth Management Inc. lifted its position in shares of Franklin U.S. Treasury Bond ETF by 39.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 23,520 shares of the company’s stock worth $484,000 after purchasing an additional 6,711 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of Franklin U.S. Treasury Bond ETF by 1,833.0% during the first quarter. NewEdge Advisors LLC now owns 29,363 shares of the company’s stock valued at $604,000 after purchasing an additional 27,844 shares in the last quarter.

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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