Sequent Planning LLC Takes Position in Franklin U.S. Treasury Bond ETF $FLGV

Sequent Planning LLC bought a new position in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 263,194 shares of the company’s stock, valued at approximately $5,432,000. Franklin U.S. Treasury Bond ETF makes up about 1.5% of Sequent Planning LLC’s holdings, making the stock its 14th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of FLGV. NewEdge Advisors LLC boosted its stake in Franklin U.S. Treasury Bond ETF by 1,833.0% in the 1st quarter. NewEdge Advisors LLC now owns 29,363 shares of the company’s stock valued at $604,000 after buying an additional 27,844 shares in the last quarter. Jane Street Group LLC acquired a new position in Franklin U.S. Treasury Bond ETF during the first quarter worth $712,000. Envestnet Asset Management Inc. raised its stake in Franklin U.S. Treasury Bond ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 384,055 shares of the company’s stock worth $7,892,000 after acquiring an additional 21,646 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Franklin U.S. Treasury Bond ETF by 8.0% during the second quarter. Cetera Investment Advisers now owns 308,850 shares of the company’s stock valued at $6,347,000 after acquiring an additional 22,790 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of Franklin U.S. Treasury Bond ETF by 8.9% during the second quarter. Franklin Resources Inc. now owns 36,391,292 shares of the company’s stock valued at $747,841,000 after acquiring an additional 2,969,522 shares during the period.

Franklin U.S. Treasury Bond ETF Stock Performance

Shares of NYSEARCA:FLGV opened at $20.58 on Friday. Franklin U.S. Treasury Bond ETF has a 52 week low of $19.44 and a 52 week high of $21.30. The company’s fifty day moving average is $20.59 and its 200-day moving average is $20.63.

Franklin U.S. Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.064 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.