SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new position in Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,122 shares of the company’s stock, valued at approximately $877,000. Franklin High Yield Corporate ETF makes up about 0.3% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s holdings, making the stock its 19th largest position.
Other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. boosted its position 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 acquiring an additional 650 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Franklin High Yield Corporate ETF by 352.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,847 shares of the company’s stock worth $264,000 after acquiring an additional 8,447 shares in the last quarter. Jane Street Group LLC raised its position in shares of Franklin High Yield Corporate ETF by 15.5% in the 2nd quarter. Jane Street Group LLC now owns 14,262 shares of the company’s stock worth $347,000 after acquiring an additional 1,914 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Franklin High Yield Corporate ETF by 6.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 441,605 shares of the company’s stock valued at $10,753,000 after purchasing an additional 25,670 shares during the period. Finally, Global View Capital Management LLC purchased a new position in shares of Franklin High Yield Corporate ETF in the 2nd quarter valued at approximately $768,000.
Franklin High Yield Corporate ETF Stock Performance
BATS FLHY opened at $24.05 on Monday. Franklin High Yield Corporate ETF has a twelve month low of $23.82 and a twelve month high of $24.63. The stock’s 50 day moving average is $24.16 and its 200 day moving average is $24.23.
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.
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