Valmark Advisers Inc. Purchases 1,996 Shares of Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV)

Valmark Advisers Inc. lifted its stake in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) by 5.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 37,906 shares of the company’s stock after acquiring an additional 1,996 shares during the period. Valmark Advisers Inc.’s holdings in Franklin U.S. Treasury Bond ETF were worth $763,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of FLGV. JPMorgan Chase & Co. raised its position in Franklin U.S. Treasury Bond ETF by 4.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,237 shares of the company’s stock worth $258,000 after buying an additional 506 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Franklin U.S. Treasury Bond ETF by 4.1% during the 4th quarter. Geneos Wealth Management Inc. now owns 16,809 shares of the company’s stock valued at $338,000 after purchasing an additional 657 shares in the last quarter. Encompass More Asset Management increased its holdings in shares of Franklin U.S. Treasury Bond ETF by 36.0% during the 4th quarter. Encompass More Asset Management now owns 32,308 shares of the company’s stock valued at $650,000 after purchasing an additional 8,556 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Franklin U.S. Treasury Bond ETF during the 3rd quarter valued at approximately $340,000. Finally, Raymond James & Associates increased its holdings in shares of Franklin U.S. Treasury Bond ETF by 7.9% during the 3rd quarter. Raymond James & Associates now owns 274,318 shares of the company’s stock valued at $5,777,000 after purchasing an additional 20,078 shares in the last quarter.

Franklin U.S. Treasury Bond ETF Stock Up 0.3 %

NYSEARCA:FLGV opened at $20.24 on Tuesday. The company has a 50 day moving average price of $20.14 and a 200-day moving average price of $20.54. Franklin U.S. Treasury Bond ETF has a 1-year low of $19.53 and a 1-year 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.