RFG Advisory LLC Takes Position in Franklin High Yield Corporate ETF $FLHY

RFG Advisory 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 and Exchange Commission. The firm acquired 8,889 shares of the company’s stock, valued at approximately $216,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its stake in Franklin High Yield Corporate ETF by 59.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after purchasing an additional 650 shares during the last quarter. Valmark Advisers Inc. lifted its stake in Franklin High Yield Corporate ETF by 5.8% during the second quarter. Valmark Advisers Inc. now owns 28,765 shares of the company’s stock worth $700,000 after purchasing an additional 1,566 shares during the last quarter. CWM LLC lifted its stake in Franklin High Yield Corporate ETF by 10.5% during the second quarter. CWM LLC now owns 22,206 shares of the company’s stock worth $541,000 after purchasing an additional 2,113 shares during the last quarter. Assetmark Inc. lifted its stake in Franklin High Yield Corporate ETF by 38.1% during the first quarter. Assetmark Inc. now owns 8,341 shares of the company’s stock worth $199,000 after purchasing an additional 2,301 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Franklin High Yield Corporate ETF by 23.0% during the first quarter. PNC Financial Services Group Inc. now owns 17,671 shares of the company’s stock worth $421,000 after purchasing an additional 3,309 shares during the last quarter.

Franklin High Yield Corporate ETF Stock Performance

FLHY stock opened at $24.38 on Monday. The business has a 50 day moving average price of $24.39 and a 200 day moving average price of $24.06. Franklin High Yield Corporate ETF has a fifty-two week low of $22.64 and a fifty-two week high of $24.53.

Franklin High Yield Corporate ETF Company 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.