Van Hulzen Asset Management LLC Acquires New Holdings in Franklin High Yield Corporate ETF $FLHY

Van Hulzen Asset Management LLC acquired a new position in Franklin High Yield Corporate ETF (BATS:FLHY) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 24,586 shares of the company’s stock, valued at approximately $597,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its stake in 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 valued at $41,000 after buying an additional 650 shares during the period. Brooklyn Investment Group lifted its stake in shares of Franklin High Yield Corporate ETF by 9.2% in the 4th quarter. Brooklyn Investment Group now owns 14,405 shares of the company’s stock worth $352,000 after acquiring an additional 1,217 shares during the period. Tenzing Financial LLC boosted its holdings in shares of Franklin High Yield Corporate ETF by 2.4% in the second quarter. Tenzing Financial LLC now owns 58,633 shares of the company’s stock valued at $1,420,000 after acquiring an additional 1,391 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Franklin High Yield Corporate ETF by 52.7% in the third quarter. US Bancorp DE now owns 4,593 shares of the company’s stock valued at $113,000 after acquiring an additional 1,585 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Franklin High Yield Corporate ETF by 15.5% in the second quarter. Jane Street Group LLC now owns 14,262 shares of the company’s stock valued at $347,000 after acquiring an additional 1,914 shares in the last quarter.

Franklin High Yield Corporate ETF Trading Down 0.6%

BATS FLHY opened at $23.83 on Friday. Franklin High Yield Corporate ETF has a 12 month low of $23.82 and a 12 month high of $24.63. The company’s 50 day simple moving average is $24.14 and its 200 day simple moving average is $24.22.

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.