Franklin High Yield Corporate ETF $FLHY Shares Purchased by MGO One Seven LLC

MGO One Seven LLC boosted its stake in Franklin High Yield Corporate ETF (BATS:FLHY) by 273.7% in the 4th quarter, Holdings Channel reports. The firm owned 36,528 shares of the company’s stock after purchasing an additional 26,754 shares during the period. MGO One Seven LLC’s holdings in Franklin High Yield Corporate ETF were worth $892,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. grew its stake in shares of Franklin High Yield Corporate ETF by 59.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after acquiring an additional 650 shares in the last quarter. US Bancorp DE grew 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 in the last quarter. Farther Finance Advisors LLC grew 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 in the last quarter. Sunbelt Securities Inc. acquired a new position in shares of Franklin High Yield Corporate ETF in the third quarter worth $196,000. Finally, Global Assets Advisory LLC acquired a new position in shares of Franklin High Yield Corporate ETF in the third quarter worth $238,000.

Franklin High Yield Corporate ETF Stock Performance

BATS:FLHY opened at $24.25 on Wednesday. The company has a fifty day simple moving average of $24.25 and a two-hundred day simple moving average of $24.38. Franklin High Yield Corporate ETF has a 52 week low of $23.77 and a 52 week 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.