Wealthcare Advisory Partners LLC Sells 174,989 Shares of Franklin Liberty Short Duration US Government ETF $FTSD

Wealthcare Advisory Partners LLC lessened its stake in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) by 97.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,048 shares of the company’s stock after selling 174,989 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Franklin Liberty Short Duration US Government ETF were worth $460,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in FTSD. Franklin Resources Inc. increased its stake in Franklin Liberty Short Duration US Government ETF by 0.6% during the second quarter. Franklin Resources Inc. now owns 315,369 shares of the company’s stock valued at $28,661,000 after acquiring an additional 1,900 shares during the period. Thrivent Financial for Lutherans acquired a new stake in shares of Franklin Liberty Short Duration US Government ETF during the 3rd quarter worth approximately $6,984,000. D.A. Davidson & CO. bought a new stake in shares of Franklin Liberty Short Duration US Government ETF during the third quarter valued at approximately $1,701,000. Synergy Asset Management LLC increased its position in shares of Franklin Liberty Short Duration US Government ETF by 100.0% during the third quarter. Synergy Asset Management LLC now owns 17,800 shares of the company’s stock valued at $1,618,000 after purchasing an additional 8,900 shares during the period. Finally, Natural Investments LLC raised its stake in shares of Franklin Liberty Short Duration US Government ETF by 4.1% in the third quarter. Natural Investments LLC now owns 17,387 shares of the company’s stock valued at $1,583,000 after purchasing an additional 684 shares in the last quarter.

Franklin Liberty Short Duration US Government ETF Stock Up 0.0%

Shares of FTSD stock opened at $91.09 on Friday. Franklin Liberty Short Duration US Government ETF has a one year low of $89.65 and a one year high of $93.40. The stock has a fifty day moving average price of $91.02 and a 200 day moving average price of $90.97.

Franklin Liberty Short Duration US Government ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.3031 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Franklin Liberty Short Duration US Government ETF’s previous monthly dividend of $0.29.

Franklin Liberty Short Duration US Government ETF Company Profile

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.