Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Trading Down 0.1% – What’s Next?

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD)’s share price traded down 0.1% on Monday . The company traded as low as $90.26 and last traded at $90.31. 21,984 shares were traded during trading, a decline of 24% from the average session volume of 28,758 shares. The stock had previously closed at $90.40.

Franklin Liberty Short Duration US Government ETF Price Performance

The company has a fifty day moving average price of $90.73 and a 200-day moving average price of $90.90.

Institutional Trading of Franklin Liberty Short Duration US Government ETF

A number of large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of Franklin Liberty Short Duration US Government ETF by 1.4% during the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock worth $1,483,000 after acquiring an additional 225 shares in the last quarter. Synergy Asset Management LLC boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 17,800 shares of the company’s stock valued at $1,618,000 after acquiring an additional 8,900 shares during the last quarter. D.A. Davidson & CO. bought a new position in shares of Franklin Liberty Short Duration US Government ETF during the 3rd quarter valued at approximately $1,701,000. Thrivent Financial for Lutherans bought a new position in shares of Franklin Liberty Short Duration US Government ETF during the 3rd quarter valued at approximately $6,984,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of Franklin Liberty Short Duration US Government ETF by 16.4% in the third quarter. Jones Financial Companies Lllp now owns 15,870 shares of the company’s stock valued at $1,445,000 after purchasing an additional 2,236 shares in the last quarter.

About Franklin Liberty Short Duration US Government ETF

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.