Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $90.45 and traded as low as $90.36. Franklin Liberty Short Duration US Government ETF shares last traded at $90.45, with a volume of 48,950 shares changing hands.

Franklin Liberty Short Duration US Government ETF Stock Up 0.2 %

The company has a 50 day moving average price of $90.57 and a 200-day moving average price of $90.46.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FTSD. Sanctuary Advisors LLC bought a new position in Franklin Liberty Short Duration US Government ETF during the 2nd quarter worth approximately $1,036,000. Atria Investments Inc boosted its position in Franklin Liberty Short Duration US Government ETF by 6.2% during the third quarter. Atria Investments Inc now owns 10,894 shares of the company’s stock valued at $995,000 after acquiring an additional 637 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in Franklin Liberty Short Duration US Government ETF by 19.7% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 3,932 shares of the company’s stock worth $354,000 after acquiring an additional 647 shares during the period. Larson Financial Group LLC bought a new position in shares of Franklin Liberty Short Duration US Government ETF in the 2nd quarter worth about $322,000. Finally, Jane Street Group LLC acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 3rd quarter valued at about $1,281,000.

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.