20,023 Shares in Franklin High Yield Corporate ETF (BATS:FLHY) Purchased by AlphaQ Advisors LLC

AlphaQ Advisors LLC purchased a new stake in shares of Franklin High Yield Corporate ETF (BATS:FLHY) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 20,023 shares of the company’s stock, valued at approximately $478,000. Franklin High Yield Corporate ETF comprises 1.3% of AlphaQ Advisors LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its holdings in shares of Franklin High Yield Corporate ETF by 32.2% in the fourth quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock valued at $119,000 after purchasing an additional 1,214 shares during the last quarter. OLD Mission Capital LLC bought a new stake in Franklin High Yield Corporate ETF in the 4th quarter worth about $222,000. Diversified Enterprises LLC increased its stake in Franklin High Yield Corporate ETF by 7.6% in the 4th quarter. Diversified Enterprises LLC now owns 9,760 shares of the company’s stock valued at $233,000 after buying an additional 691 shares during the last quarter. Atria Investments Inc increased its stake in Franklin High Yield Corporate ETF by 22.6% in the 4th quarter. Atria Investments Inc now owns 11,163 shares of the company’s stock valued at $266,000 after buying an additional 2,057 shares during the last quarter. Finally, OneAscent Financial Services LLC bought a new position in shares of Franklin High Yield Corporate ETF during the 4th quarter worth approximately $266,000.

Franklin High Yield Corporate ETF Stock Up 0.5%

FLHY stock opened at $23.94 on Wednesday. The business has a 50 day moving average of $23.62 and a 200-day moving average of $23.90. Franklin High Yield Corporate ETF has a 12-month low of $22.64 and a 12-month high of $24.53.

Franklin High Yield Corporate ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given 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.