TFB Advisors LLC Acquires Shares of 19,733 Franklin High Yield Corporate ETF $FLHY

TFB Advisors LLC acquired a new stake in Franklin High Yield Corporate ETF (BATS:FLHY) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 19,733 shares of the company’s stock, valued at approximately $480,000. TFB Advisors LLC owned about 0.07% of Franklin High Yield Corporate ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FLHY. Sovran Advisors LLC lifted its position in Franklin High Yield Corporate ETF by 40.2% in the first quarter. Sovran Advisors LLC now owns 121,951 shares of the company’s stock valued at $2,853,000 after purchasing an additional 34,985 shares during the last quarter. Capital Investment Advisory Services LLC bought a new stake in Franklin High Yield Corporate ETF in the first quarter valued at approximately $497,000. Envestnet Asset Management Inc. lifted its position in Franklin High Yield Corporate ETF by 44.2% in the first quarter. Envestnet Asset Management Inc. now owns 57,513 shares of the company’s stock valued at $1,371,000 after purchasing an additional 17,637 shares during the last quarter. Byrne Financial Freedom LLC lifted its position in Franklin High Yield Corporate ETF by 59.4% in the first quarter. Byrne Financial Freedom LLC now owns 27,097 shares of the company’s stock valued at $646,000 after purchasing an additional 10,098 shares during the last quarter. Finally, CWM LLC lifted its position in Franklin High Yield Corporate ETF by 170.9% in the first quarter. CWM LLC now owns 20,093 shares of the company’s stock valued at $479,000 after purchasing an additional 12,677 shares during the last quarter.

Franklin High Yield Corporate ETF Price Performance

FLHY opened at $24.41 on Thursday. Franklin High Yield Corporate ETF has a 52-week low of $22.64 and a 52-week high of $24.53. The stock’s 50 day moving average price is $24.40 and its 200-day moving average price is $24.08.

About Franklin High Yield Corporate ETF

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.