Franklin High Yield Corporate ETF $FLHY Shares Purchased by Hantz Financial Services Inc.

Hantz Financial Services Inc. boosted its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 2.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,817,801 shares of the company’s stock after purchasing an additional 42,991 shares during the quarter. Hantz Financial Services Inc. owned about 6.90% of Franklin High Yield Corporate ETF worth $44,591,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. boosted its position in shares of Franklin High Yield Corporate ETF by 8,054.4% during the 2nd quarter. Assetmark Inc. now owns 680,156 shares of the company’s stock valued at $16,562,000 after purchasing an additional 671,815 shares in the last quarter. Franklin Resources Inc. grew its position in Franklin High Yield Corporate ETF by 1.8% in the second quarter. Franklin Resources Inc. now owns 13,863,005 shares of the company’s stock valued at $337,564,000 after purchasing an additional 244,870 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Franklin High Yield Corporate ETF by 268.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 211,872 shares of the company’s stock worth $5,159,000 after buying an additional 154,359 shares in the last quarter. rebel Financial LLC acquired a new position in shares of Franklin High Yield Corporate ETF during the 2nd quarter worth about $3,451,000. Finally, Cetera Investment Advisers grew its holdings in shares of Franklin High Yield Corporate ETF by 47.7% in the 2nd quarter. Cetera Investment Advisers now owns 343,462 shares of the company’s stock valued at $8,363,000 after acquiring an additional 110,893 shares in the last quarter.

Franklin High Yield Corporate ETF Trading Down 0.2%

FLHY opened at $24.49 on Wednesday. The business’s 50-day simple moving average is $24.47 and its 200 day simple moving average is $24.40. Franklin High Yield Corporate ETF has a 52-week low of $22.64 and a 52-week high of $24.53.

Franklin High Yield Corporate ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a dividend of $0.131 per share. The ex-dividend date is Monday, February 2nd. This is a positive change from Franklin High Yield Corporate ETF’s previous monthly dividend of $0.12. This represents a c) dividend on an annualized basis and a yield of 6.4%.

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.