Redhawk Wealth Advisors Inc. purchased a new stake in Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 194,884 shares of the company’s stock, valued at approximately $4,758,000.
Other hedge funds also recently made changes to their positions in the company. Winebrenner Capital Management LLC lifted its holdings in shares of Franklin High Yield Corporate ETF by 2.3% during the 4th quarter. Winebrenner Capital Management LLC now owns 91,317 shares of the company’s stock worth $2,230,000 after acquiring an additional 2,047 shares during the period. Sunbelt Securities Inc. bought a new stake in Franklin High Yield Corporate ETF in the third quarter valued at about $196,000. Citadel Advisors LLC acquired a new position in Franklin High Yield Corporate ETF in the third quarter worth about $1,805,000. Ameriprise Financial Inc. raised its position in Franklin High Yield Corporate ETF by 153.8% in the third quarter. Ameriprise Financial Inc. now owns 1,120,900 shares of the company’s stock worth $27,497,000 after purchasing an additional 679,295 shares in the last quarter. Finally, Brooklyn Investment Group lifted its stake in Franklin High Yield Corporate ETF by 627.8% during the third quarter. Brooklyn Investment Group now owns 13,188 shares of the company’s stock worth $324,000 after purchasing an additional 11,376 shares during the period.
Franklin High Yield Corporate ETF Stock Down 0.3%
BATS FLHY opened at $23.86 on Friday. The stock’s 50 day moving average is $24.39 and its two-hundred day moving average is $24.41. Franklin High Yield Corporate ETF has a 1-year low of $22.64 and a 1-year high of $24.63.
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.
Read More
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).
Receive News & Ratings for Franklin High Yield Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin High Yield Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
