Franklin Resources Inc. decreased its position in shares of Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) by 6.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 10,773,464 shares of the company’s stock after selling 721,309 shares during the period. Franklin Resources Inc. owned about 40.89% of Franklin High Yield Corporate ETF worth $263,034,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in FLHY. Geneos Wealth Management Inc. grew its holdings in shares of Franklin High Yield Corporate ETF by 59.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after acquiring an additional 650 shares during the period. US Bancorp DE grew its holdings in shares of Franklin High Yield Corporate ETF by 52.7% during the 3rd quarter. US Bancorp DE now owns 4,593 shares of the company’s stock worth $113,000 after acquiring an additional 1,585 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Franklin High Yield Corporate ETF by 24.4% during the 4th quarter. Farther Finance Advisors LLC now owns 7,437 shares of the company’s stock worth $182,000 after acquiring an additional 1,460 shares during the period. Sunbelt Securities Inc. purchased a new position in shares of Franklin High Yield Corporate ETF during the 3rd quarter worth approximately $196,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Franklin High Yield Corporate ETF by 352.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,847 shares of the company’s stock worth $264,000 after acquiring an additional 8,447 shares during the period.
Franklin High Yield Corporate ETF Trading Up 0.2%
FLHY stock opened at $24.19 on Wednesday. Franklin High Yield Corporate ETF has a fifty-two week low of $23.82 and a fifty-two week high of $24.63. The business’s 50 day moving average price is $24.27 and its two-hundred day moving average price is $24.36.
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.
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Want to see what other hedge funds are holding FLHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin High Yield Corporate ETF (BATS:FLHY – Free Report).
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