Ocean Park Asset Management LLC purchased a new position in Franklin High Yield Corporate ETF (BATS:FLHY – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,000 shares of the company’s stock, valued at approximately $545,000. Ocean Park Asset Management LLC owned approximately 0.20% of Franklin High Yield Corporate ETF as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC increased its stake in shares of Franklin High Yield Corporate ETF by 21.2% during the first quarter. International Assets Investment Management LLC now owns 98,579 shares of the company’s stock valued at $2,320,000 after acquiring an additional 17,275 shares during the period. Prentice Wealth Management LLC increased its position in shares of Franklin High Yield Corporate ETF by 5.1% during the 1st quarter. Prentice Wealth Management LLC now owns 621,697 shares of the company’s stock valued at $14,753,000 after purchasing an additional 29,946 shares during the period. Kovack Advisors Inc. bought a new stake in shares of Franklin High Yield Corporate ETF in the 1st quarter worth $567,000. Cetera Advisors LLC acquired a new stake in shares of Franklin High Yield Corporate ETF in the first quarter valued at $490,000. Finally, Williams & Novak LLC bought a new position in Franklin High Yield Corporate ETF during the second quarter valued at about $319,000.
Franklin High Yield Corporate ETF Trading Up 0.1 %
BATS:FLHY opened at $24.31 on Friday. The business’s 50-day moving average price is $24.06 and its 200-day moving average price is $23.74.
Franklin High Yield Corporate ETF Increases Dividend
About Franklin High Yield Corporate ETF
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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