Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 8,485 shares, a growth of 151.3% from the January 29th total of 3,377 shares. Based on an average trading volume of 42,258 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 42,258 shares, the short-interest ratio is currently 0.2 days.

Franklin Liberty Short Duration US Government ETF Stock Up 0.1%

Shares of FTSD traded up $0.06 during midday trading on Friday, reaching $91.19. 15,329 shares of the stock were exchanged, compared to its average volume of 31,690. Franklin Liberty Short Duration US Government ETF has a twelve month low of $89.65 and a twelve month high of $93.40. The business’s 50-day moving average price is $91.03 and its 200 day moving average price is $90.98.

Franklin Liberty Short Duration US Government ETF Increases Dividend

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

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

Several large investors have recently modified their holdings of FTSD. LPL Financial LLC increased its holdings in shares of Franklin Liberty Short Duration US Government ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 466,237 shares of the company’s stock valued at $42,432,000 after acquiring an additional 70,066 shares during the period. Franklin Resources Inc. boosted its stake in Franklin Liberty Short Duration US Government ETF by 15.9% during the 4th quarter. Franklin Resources Inc. now owns 360,014 shares of the company’s stock worth $32,765,000 after purchasing an additional 49,267 shares during the period. UBS Group AG grew its position in Franklin Liberty Short Duration US Government ETF by 63.0% during the 4th quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after purchasing an additional 40,396 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in Franklin Liberty Short Duration US Government ETF by 183.7% in the third quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock valued at $9,334,000 after purchasing an additional 66,373 shares during the period. Finally, Bank of America Corp DE increased its stake in Franklin Liberty Short Duration US Government ETF by 1.9% in the third quarter. Bank of America Corp DE now owns 92,550 shares of the company’s stock valued at $8,428,000 after purchasing an additional 1,708 shares during the period.

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.