Provenance Wealth Advisors LLC purchased a new position in shares of Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 823,220 shares of the company’s stock, valued at approximately $19,873,000. Franklin High Yield Corporate ETF makes up 2.1% of Provenance Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest position. Provenance Wealth Advisors LLC owned 3.12% of Franklin High Yield Corporate ETF as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in FLHY. Geneos Wealth Management Inc. increased its holdings in Franklin High Yield Corporate ETF by 59.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after buying an additional 650 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Franklin High Yield Corporate ETF by 352.0% in the second quarter. JPMorgan Chase & Co. now owns 10,847 shares of the company’s stock valued at $264,000 after acquiring an additional 8,447 shares during the last quarter. Jane Street Group LLC lifted its stake in Franklin High Yield Corporate ETF by 15.5% in the second quarter. Jane Street Group LLC now owns 14,262 shares of the company’s stock valued at $347,000 after acquiring an additional 1,914 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Franklin High Yield Corporate ETF by 6.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 441,605 shares of the company’s stock worth $10,753,000 after purchasing an additional 25,670 shares during the last quarter. Finally, Global View Capital Management LLC bought a new position in shares of Franklin High Yield Corporate ETF during the 2nd quarter valued at $768,000.
Franklin High Yield Corporate ETF Stock Performance
Shares of BATS:FLHY opened at $24.25 on Thursday. Franklin High Yield Corporate ETF has a 1 year low of $23.82 and a 1 year high of $24.63. The firm has a fifty day moving average price of $24.29 and a 200 day moving average price of $24.35.
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.
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