Diversified LLC bought a new stake in Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 8,903 shares of the company’s stock, valued at approximately $211,000. Diversified LLC owned approximately 0.08% of Franklin High Yield Corporate ETF as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. Williams & Novak LLC acquired a new stake in Franklin High Yield Corporate ETF in the second quarter valued at about $319,000. J.W. Cole Advisors Inc. increased its holdings in shares of Franklin High Yield Corporate ETF by 11.3% during the fourth quarter. J.W. Cole Advisors Inc. now owns 18,114 shares of the company’s stock worth $425,000 after buying an additional 1,832 shares in the last quarter. Cetera Advisors LLC bought a new position in shares of Franklin High Yield Corporate ETF in the 1st quarter valued at $490,000. Kovack Advisors Inc. bought a new stake in Franklin High Yield Corporate ETF during the 1st quarter worth $567,000. Finally, International Assets Investment Management LLC increased its holdings in Franklin High Yield Corporate ETF by 21.2% in the 1st quarter. International Assets Investment Management LLC now owns 98,579 shares of the company’s stock worth $2,320,000 after purchasing an additional 17,275 shares in the last quarter.
Franklin High Yield Corporate ETF Price Performance
Shares of Franklin High Yield Corporate ETF stock traded up $0.10 on Friday, hitting $24.25. The stock had a trading volume of 89,207 shares. The company has a fifty day moving average of $23.89 and a 200 day moving average of $23.66.
Franklin High Yield Corporate ETF Cuts Dividend
Franklin High Yield Corporate ETF Company Profile
The Franklin High Yield Corporate ETF (FLHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed portfolio of global high-yield corporate debt. The fund seeks high current income, with capital appreciation as a secondary goal. FLHY was launched on May 30, 2018 and is managed by Franklin Templeton.
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