Cetera Investment Advisers Purchases 79,924 Shares of Franklin High Yield Corporate ETF (BATS:FLHY)

Cetera Investment Advisers lifted its position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 57.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 219,891 shares of the company’s stock after buying an additional 79,924 shares during the quarter. Cetera Investment Advisers owned about 1.90% of Franklin High Yield Corporate ETF worth $5,249,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FLHY. Diversified Enterprises LLC grew its holdings in Franklin High Yield Corporate ETF by 7.6% during the 4th quarter. Diversified Enterprises LLC now owns 9,760 shares of the company’s stock worth $233,000 after acquiring an additional 691 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Franklin High Yield Corporate ETF by 9.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,936 shares of the company’s stock valued at $333,000 after purchasing an additional 1,158 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Franklin High Yield Corporate ETF by 32.2% during the fourth quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock worth $119,000 after purchasing an additional 1,214 shares during the period. Regal Investment Advisors LLC increased its holdings in Franklin High Yield Corporate ETF by 11.4% in the fourth quarter. Regal Investment Advisors LLC now owns 13,118 shares of the company’s stock worth $313,000 after purchasing an additional 1,347 shares in the last quarter. Finally, Valmark Advisers Inc. increased its holdings in Franklin High Yield Corporate ETF by 5.5% in the fourth quarter. Valmark Advisers Inc. now owns 28,099 shares of the company’s stock worth $671,000 after purchasing an additional 1,454 shares in the last quarter.

Franklin High Yield Corporate ETF Stock Up 0.5%

Shares of FLHY stock opened at $23.93 on Wednesday. The firm has a 50 day moving average of $23.61 and a 200-day moving average of $23.91. Franklin High Yield Corporate ETF has a 52 week low of $22.64 and a 52 week high of $24.53.

Franklin High Yield Corporate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1193 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Franklin High Yield Corporate ETF 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.