Franklin High Yield Corporate ETF $FLHY Holdings Raised by Prentice Wealth Management LLC

Prentice Wealth Management LLC increased its position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 5.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,131,765 shares of the company’s stock after buying an additional 54,575 shares during the period. Franklin High Yield Corporate ETF accounts for 5.3% of Prentice Wealth Management LLC’s holdings, making the stock its 5th biggest holding. Prentice Wealth Management LLC owned about 4.30% of Franklin High Yield Corporate ETF worth $26,489,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FLHY. Provenance Wealth Advisors LLC bought a new stake in Franklin High Yield Corporate ETF during the first quarter valued at $19,873,000. Cetera Investment Advisers raised its position in shares of Franklin High Yield Corporate ETF by 79.2% in the 1st quarter. Cetera Investment Advisers now owns 767,882 shares of the company’s stock worth $18,537,000 after acquiring an additional 339,472 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in shares of Franklin High Yield Corporate ETF by 8.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 681,278 shares of the company’s stock valued at $16,548,000 after purchasing an additional 53,557 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Franklin High Yield Corporate ETF by 155.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 362,056 shares of the company’s stock valued at $8,794,000 after purchasing an additional 220,256 shares during the period. Finally, Ocean Park Asset Management LLC acquired a new position in shares of Franklin High Yield Corporate ETF in the 2nd quarter valued at about $7,238,000.

Franklin High Yield Corporate ETF Stock Up 0.1%

Shares of Franklin High Yield Corporate ETF stock traded up $0.01 on Tuesday, hitting $23.32. 125,808 shares of the company’s stock traded hands, compared to its average volume of 290,028. Franklin High Yield Corporate ETF has a one year low of $23.14 and a one year high of $24.63. The company has a fifty day moving average of $23.81 and a two-hundred day moving average of $24.09.

Franklin High Yield Corporate ETF Company 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.