Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Shares of Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Franklin Liberty Short Duration US Government ETF Price Performance

The firm’s 50 day moving average price is $90.57 and its two-hundred day moving average price is $90.46.

Institutional Trading of Franklin Liberty Short Duration US Government ETF

Large investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in Franklin Liberty Short Duration US Government ETF during the third quarter worth $1,281,000. Sanctuary Advisors LLC acquired a new stake in shares of Franklin Liberty Short Duration US Government ETF in the 2nd quarter worth about $1,036,000. Larson Financial Group LLC bought a new position in Franklin Liberty Short Duration US Government ETF in the 2nd quarter valued at about $322,000. World Investment Advisors LLC acquired a new position in Franklin Liberty Short Duration US Government ETF during the 3rd quarter valued at about $213,000. Finally, U.S. Capital Wealth Advisors LLC increased 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 purchasing an additional 647 shares in the last quarter.

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.