Franklin High Yield Corporate ETF $FLHY Stock: International Assets Investment Management LLC Trims Position

International Assets Investment Management LLC decreased its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 66.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 12,200 shares of the company’s stock after selling 24,475 shares during the period. International Assets Investment Management LLC’s holdings in Franklin High Yield Corporate ETF were worth $286,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Citizens Financial Group Inc. RI acquired a new stake in shares of Franklin High Yield Corporate ETF in the third quarter worth $1,024,000. Fifth Third Securities Inc. purchased a new stake in Franklin High Yield Corporate ETF in the 3rd quarter worth about $472,000. Prentice Wealth Management LLC boosted its position in Franklin High Yield Corporate ETF by 5.1% during the 3rd quarter. Prentice Wealth Management LLC now owns 1,131,765 shares of the company’s stock worth $26,489,000 after acquiring an additional 54,575 shares during the period. Sprinkle Financial Consultants LLC acquired a new stake in Franklin High Yield Corporate ETF during the 3rd quarter worth about $461,000. Finally, Envestnet Asset Management Inc. grew its stake in Franklin High Yield Corporate ETF by 155.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 362,056 shares of the company’s stock valued at $8,794,000 after acquiring an additional 220,256 shares in the last quarter.

Franklin High Yield Corporate ETF Price Performance

Shares of FLHY remained flat at $23.44 during trading hours on Friday. The stock had a trading volume of 172,989 shares, compared to its average volume of 292,414. Franklin High Yield Corporate ETF has a one year low of $23.14 and a one year high of $24.63. The firm has a fifty day moving average of $23.61 and a 200 day moving average of $24.11.

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.