LPL Financial LLC Increases Holdings in Franklin High Yield Corporate ETF (BATS:FLHY)

LPL Financial LLC grew its holdings in Franklin High Yield Corporate ETF (BATS:FLHY – Get Rating) by 13.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 78,962 shares of the company’s stock after acquiring an additional 9,329 shares during the period. LPL Financial LLC’s holdings in Franklin High Yield Corporate ETF were worth $1,741,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. CENTRAL TRUST Co raised its holdings in Franklin High Yield Corporate ETF by 20.5% during the 4th quarter. CENTRAL TRUST Co now owns 3,131 shares of the company’s stock valued at $69,000 after buying an additional 532 shares during the period. Jane Street Group LLC lifted its holdings in shares of Franklin High Yield Corporate ETF by 13.1% in the 1st quarter. Jane Street Group LLC now owns 12,982 shares of the company’s stock worth $321,000 after acquiring an additional 1,505 shares during the last quarter. International Assets Investment Management LLC grew its holdings in Franklin High Yield Corporate ETF by 2.6% during the 4th quarter. International Assets Investment Management LLC now owns 95,024 shares of the company’s stock valued at $2,318,000 after purchasing an additional 2,433 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in Franklin High Yield Corporate ETF by 30.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 10,360 shares of the company’s stock valued at $222,000 after purchasing an additional 2,444 shares during the last quarter. Finally, Prentice Wealth Management LLC grew its holdings in Franklin High Yield Corporate ETF by 0.9% during the 4th quarter. Prentice Wealth Management LLC now owns 543,966 shares of the company’s stock valued at $11,994,000 after purchasing an additional 4,754 shares during the last quarter.

Franklin High Yield Corporate ETF Stock Performance

Shares of BATS:FLHY opened at $22.50 on Wednesday. The firm’s 50 day moving average price is $22.54 and its 200-day moving average price is $22.48.

About Franklin High Yield Corporate ETF

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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.