Sovran Advisors LLC raised its position in Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) by 39.0% during the third quarter, Holdings Channel reports. The firm owned 98,873 shares of the company’s stock after purchasing an additional 27,741 shares during the period. Sovran Advisors LLC’s holdings in Franklin High Yield Corporate ETF were worth $2,414,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the company. Rossby Financial LCC acquired a new position in Franklin High Yield Corporate ETF in the second quarter valued at $26,000. Spire Wealth Management bought a new stake in shares of Franklin High Yield Corporate ETF during the 2nd quarter valued at about $35,000. Geneos Wealth Management Inc. boosted its position in shares of 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 purchasing an additional 650 shares in the last quarter. Ascent Group LLC acquired a new stake in Franklin High Yield Corporate ETF during the third quarter worth approximately $203,000. Finally, RFG Advisory LLC bought a new stake in Franklin High Yield Corporate ETF in the second quarter worth approximately $216,000.
Franklin High Yield Corporate ETF Stock Performance
Franklin High Yield Corporate ETF stock opened at $24.58 on Monday. Franklin High Yield Corporate ETF has a 52-week low of $22.64 and a 52-week high of $24.53. The stock’s 50 day moving average price is $24.43 and its two-hundred day moving average price is $24.38.
About Franklin High Yield Corporate ETF
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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