Eastern Bank Buys Shares of 110,437 Franklin Responsibly Sourced Gold ETF $FGDL

Eastern Bank bought a new stake in Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 110,437 shares of the company’s stock, valued at approximately $5,894,000.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of Franklin Responsibly Sourced Gold ETF by 12.6% during the fourth quarter. LPL Financial LLC now owns 259,327 shares of the company’s stock worth $14,937,000 after purchasing an additional 29,017 shares during the period. Commonwealth Equity Services LLC increased its stake in Franklin Responsibly Sourced Gold ETF by 3.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 222,988 shares of the company’s stock valued at $12,844,000 after buying an additional 7,732 shares during the period. Jane Street Group LLC lifted its position in Franklin Responsibly Sourced Gold ETF by 18.5% in the 1st quarter. Jane Street Group LLC now owns 117,211 shares of the company’s stock worth $4,903,000 after buying an additional 18,319 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Franklin Responsibly Sourced Gold ETF by 3.7% during the 4th quarter. JPMorgan Chase & Co. now owns 107,504 shares of the company’s stock valued at $6,192,000 after buying an additional 3,808 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of Franklin Responsibly Sourced Gold ETF by 6.7% during the 4th quarter. Cetera Investment Advisers now owns 61,356 shares of the company’s stock valued at $3,534,000 after buying an additional 3,827 shares during the period.

Franklin Responsibly Sourced Gold ETF Stock Performance

Franklin Responsibly Sourced Gold ETF stock opened at $53.95 on Tuesday. Franklin Responsibly Sourced Gold ETF has a 12 month low of $44.20 and a 12 month high of $74.24. The company’s fifty day simple moving average is $55.54 and its 200-day simple moving average is $61.21.

Franklin Responsibly Sourced Gold ETF Profile

The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Associations responsible gold guidance. FGDL was launched on Jun 30, 2022 and is managed by Franklin Templeton.