Franklin High Yield Corporate ETF (BATS:FLHY) Stake Decreased by Allworth Financial LP

Allworth Financial LP lessened its holdings in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,510 shares of the company’s stock after selling 446 shares during the period. Allworth Financial LP’s holdings in Franklin High Yield Corporate ETF were worth $205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in FLHY. Sovran Advisors LLC acquired a new position in shares of Franklin High Yield Corporate ETF during the fourth quarter valued at approximately $2,071,000. Fifth Third Securities Inc. acquired a new position in shares of Franklin High Yield Corporate ETF during the fourth quarter valued at approximately $416,000. Hantz Financial Services Inc. increased its stake in shares of Franklin High Yield Corporate ETF by 11.5% during the fourth quarter. Hantz Financial Services Inc. now owns 1,548,089 shares of the company’s stock valued at $36,953,000 after acquiring an additional 160,137 shares during the period. Dynamic Advisor Solutions LLC increased its stake in shares of Franklin High Yield Corporate ETF by 2.5% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 632,445 shares of the company’s stock valued at $15,096,000 after acquiring an additional 15,543 shares during the period. Finally, Franklin Resources Inc. increased its stake in shares of Franklin High Yield Corporate ETF by 159.5% during the third quarter. Franklin Resources Inc. now owns 14,234,711 shares of the company’s stock valued at $345,405,000 after acquiring an additional 8,748,894 shares during the period.

Franklin High Yield Corporate ETF Trading Up 1.2 %

BATS FLHY opened at $24.11 on Friday. The company’s 50 day moving average is $24.00 and its 200 day moving average is $24.13.

Franklin High Yield Corporate ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1312 dividend. This is a positive change from Franklin High Yield Corporate ETF’s previous dividend of $0.12. The ex-dividend date was Monday, February 3rd.

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.