UBS Group AG Has $12 Million Position in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD)

UBS Group AG cut its stake in shares of Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD – Get Rating) by 34.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 134,178 shares of the company’s stock after selling 71,437 shares during the quarter. UBS Group AG owned about 0.06% of Franklin Liberty Short Duration US Government ETF worth $12,004,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Savant Capital LLC acquired a new position in Franklin Liberty Short Duration US Government ETF during the 4th quarter worth about $34,000. Westside Investment Management Inc. acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 4th quarter valued at about $44,000. MML Investors Services LLC acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 3rd quarter valued at about $239,000. Private Advisor Group LLC acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 1st quarter valued at about $388,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 4th quarter valued at about $464,000.

Franklin Liberty Short Duration US Government ETF Price Performance

Shares of NYSEARCA:FTSD opened at $90.03 on Monday. The business’s 50-day moving average is $90.30 and its 200-day moving average is $89.86. Franklin Liberty Short Duration US Government ETF has a 1 year low of $87.28 and a 1 year high of $91.98.

About Franklin Liberty Short Duration US Government ETF

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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.