Franklin High Yield Corporate ETF $FLHY Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its holdings in Franklin High Yield Corporate ETF (BATS:FLHY) by 192.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,557 shares of the company’s stock after purchasing an additional 47,706 shares during the quarter. PNC Financial Services Group Inc. owned 0.28% of Franklin High Yield Corporate ETF worth $1,752,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FLHY. Geneos Wealth Management Inc. increased its position in shares of Franklin High Yield Corporate ETF by 59.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after purchasing an additional 650 shares during the last quarter. Brooklyn Investment Group lifted its position in Franklin High Yield Corporate ETF by 9.2% in the fourth quarter. Brooklyn Investment Group now owns 14,405 shares of the company’s stock valued at $352,000 after buying an additional 1,217 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Franklin High Yield Corporate ETF by 24.4% in the fourth quarter. Farther Finance Advisors LLC now owns 7,437 shares of the company’s stock valued at $182,000 after buying an additional 1,460 shares during the last quarter. US Bancorp DE boosted its stake in Franklin High Yield Corporate ETF by 52.7% during the third quarter. US Bancorp DE now owns 4,593 shares of the company’s stock worth $113,000 after buying an additional 1,585 shares during the period. Finally, Jane Street Group LLC boosted its stake in Franklin High Yield Corporate ETF by 15.5% during the second quarter. Jane Street Group LLC now owns 14,262 shares of the company’s stock worth $347,000 after buying an additional 1,914 shares during the period.

Franklin High Yield Corporate ETF Trading Up 0.2%

Shares of FLHY opened at $24.11 on Friday. The firm has a 50-day simple moving average of $24.22 and a two-hundred day simple moving average of $24.31. Franklin High Yield Corporate ETF has a 1-year low of $23.82 and a 1-year high of $24.63.

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.