Franklin ClearBridge Enhanced Income ETF (NASDAQ:YLDE) Short Interest Down 46.8% in July

Franklin ClearBridge Enhanced Income ETF (NASDAQ:YLDEGet Free Report) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 14,069 shares, a decline of 46.8% from the July 15th total of 26,449 shares. Based on an average trading volume of 12,092 shares, the short-interest ratio is currently 1.2 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC raised its holdings in Franklin ClearBridge Enhanced Income ETF by 12.7% during the 4th quarter. Advisory Services Network LLC now owns 8,309 shares of the company’s stock valued at $450,000 after buying an additional 938 shares during the last quarter. D.A. Davidson & CO. grew its holdings in Franklin ClearBridge Enhanced Income ETF by 20.0% in the 4th quarter. D.A. Davidson & CO. now owns 9,198 shares of the company’s stock worth $498,000 after acquiring an additional 1,530 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Franklin ClearBridge Enhanced Income ETF by 2.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 9,727 shares of the company’s stock valued at $527,000 after acquiring an additional 245 shares during the period. TD Private Client Wealth LLC increased its position in shares of Franklin ClearBridge Enhanced Income ETF by 7.3% in the fourth quarter. TD Private Client Wealth LLC now owns 12,406 shares of the company’s stock valued at $672,000 after acquiring an additional 841 shares during the period. Finally, Golden State Wealth Management LLC raised its stake in shares of Franklin ClearBridge Enhanced Income ETF by 9.1% during the fourth quarter. Golden State Wealth Management LLC now owns 14,405 shares of the company’s stock valued at $781,000 after acquiring an additional 1,200 shares during the last quarter.

Franklin ClearBridge Enhanced Income ETF Price Performance

YLDE opened at $57.75 on Friday. The stock’s 50 day simple moving average is $56.50 and its 200 day simple moving average is $55.89. Franklin ClearBridge Enhanced Income ETF has a 1 year low of $49.40 and a 1 year high of $58.77. The firm has a market cap of $170.36 million, a price-to-earnings ratio of 21.02 and a beta of 0.77.

Franklin ClearBridge Enhanced Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.6397 per share. This represents a c) dividend on an annualized basis and a dividend yield of 13.3%. This is a boost from Franklin ClearBridge Enhanced Income ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, August 3rd.

Franklin ClearBridge Enhanced Income ETF Company Profile

(Get Free Report)

The ClearBridge Dividend Strategy ESG ETF (YLDE) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund is an actively managed fund that seeks income, growth of income, and long-term capital appreciation. The fund focuses on global large-cap stocks with attractive dividends and positive ESG attributes. YLDE was launched on May 22, 2017 and is managed by Franklin Templeton.

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