Franklin High Yield Corporate ETF (BATS:FLHY) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. grew its position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 159.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,234,711 shares of the company’s stock after purchasing an additional 8,748,894 shares during the quarter. Franklin Resources Inc. owned approximately 1.23% of Franklin High Yield Corporate ETF worth $345,405,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its position in Franklin High Yield Corporate ETF by 2,580.5% during the third quarter. International Assets Investment Management LLC now owns 2,655,856 shares of the company’s stock worth $64,922,000 after purchasing an additional 2,556,777 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in shares of Franklin High Yield Corporate ETF during the 2nd quarter valued at approximately $28,159,000. Dynamic Advisor Solutions LLC grew its stake in Franklin High Yield Corporate ETF by 19.9% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 616,902 shares of the company’s stock valued at $15,080,000 after acquiring an additional 102,361 shares during the period. PFG Advisors purchased a new stake in Franklin High Yield Corporate ETF in the 2nd quarter worth $2,238,000. Finally, Jane Street Group LLC purchased a new stake in Franklin High Yield Corporate ETF in the 3rd quarter worth $995,000.

Franklin High Yield Corporate ETF Trading Down 0.3 %

FLHY opened at $23.95 on Friday. The firm’s 50-day moving average is $24.16 and its two-hundred day moving average is $24.05.

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.