46,604 Shares in Franklin High Yield Corporate ETF $FLHY Purchased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC bought a new stake in shares of Franklin High Yield Corporate ETF (BATS:FLHY) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 46,604 shares of the company’s stock, valued at approximately $1,144,000. Smartleaf Asset Management LLC owned 0.18% of Franklin High Yield Corporate ETF at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FLHY. Geneos Wealth Management Inc. raised its stake in shares of Franklin High Yield Corporate ETF by 59.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after buying an additional 650 shares during the last quarter. Atria Investments Inc grew its holdings in Franklin High Yield Corporate ETF by 8.8% during the 2nd quarter. Atria Investments Inc now owns 12,519 shares of the company’s stock worth $305,000 after acquiring an additional 1,014 shares during the period. Fourth Dimension Wealth LLC raised its position in shares of Franklin High Yield Corporate ETF by 7.0% during the 3rd quarter. Fourth Dimension Wealth LLC now owns 15,568 shares of the company’s stock valued at $382,000 after acquiring an additional 1,025 shares during the last quarter. Rossby Financial LCC acquired a new position in shares of Franklin High Yield Corporate ETF in the 2nd quarter valued at $26,000. Finally, Spire Wealth Management bought a new position in shares of Franklin High Yield Corporate ETF in the 2nd quarter worth $35,000.

Franklin High Yield Corporate ETF Stock Up 0.2%

Shares of Franklin High Yield Corporate ETF stock opened at $24.55 on Tuesday. The business has a fifty day simple moving average of $24.47 and a 200 day simple moving average of $24.40. Franklin High Yield Corporate ETF has a 12 month low of $22.64 and a 12 month high of $24.63.

Franklin High Yield Corporate ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.131 per share. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Monday, February 2nd. This is an increase from Franklin High Yield Corporate ETF’s previous monthly dividend of $0.12.

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.