Encompass More Asset Management Takes $1.84 Million Position in Franklin Ultra Short Bond ETF (NYSEARCA:FLUD)

Encompass More Asset Management bought a new position in shares of Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 73,848 shares of the company’s stock, valued at approximately $1,843,000. Encompass More Asset Management owned approximately 49.23% of Franklin Ultra Short Bond ETF as of its most recent SEC filing.

Franklin Ultra Short Bond ETF Stock Performance

Shares of FLUD stock opened at $24.93 on Friday. The company’s 50 day moving average price is $24.90 and its two-hundred day moving average price is $24.89. Franklin Ultra Short Bond ETF has a 52 week low of $24.15 and a 52 week high of $26.04.

About Franklin Ultra Short Bond ETF

The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.