Royal Bank of Canada lessened its holdings in Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) by 67.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 29,990 shares of the company’s stock after selling 61,684 shares during the period. Royal Bank of Canada’s holdings in Franklin High Yield Corporate ETF were worth $723,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the business. Geneos Wealth Management Inc. lifted its stake in 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 valued at $41,000 after acquiring an additional 650 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in shares of Franklin High Yield Corporate ETF in the 4th quarter valued at $77,000. US Bancorp DE increased its stake in shares of Franklin High Yield Corporate ETF by 52.7% in the third 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 increased its stake in shares of Franklin High Yield Corporate ETF by 24.4% in the fourth 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. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Franklin High Yield Corporate ETF in the third quarter worth $196,000.
Franklin High Yield Corporate ETF Price Performance
Shares of Franklin High Yield Corporate ETF stock opened at $24.18 on Monday. The firm has a fifty day moving average price of $24.18 and a 200 day moving average price of $24.26. Franklin High Yield Corporate ETF has a 1 year low of $23.82 and a 1 year high of $24.63.
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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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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