Citadel Advisors LLC Takes $1.56 Million Position in Franklin High Yield Corporate ETF (BATS:FLHY)

Citadel Advisors LLC bought a new stake in Franklin High Yield Corporate ETF (BATS:FLHY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 65,426 shares of the company’s stock, valued at approximately $1,562,000. Citadel Advisors LLC owned about 0.57% of Franklin High Yield Corporate ETF at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp raised its holdings in shares of Franklin High Yield Corporate ETF by 32.2% during the fourth quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock valued at $119,000 after purchasing an additional 1,214 shares during the period. OLD Mission Capital LLC purchased a new position in Franklin High Yield Corporate ETF in the fourth quarter valued at about $222,000. Diversified Enterprises LLC grew its stake in shares of Franklin High Yield Corporate ETF by 7.6% during the 4th quarter. Diversified Enterprises LLC now owns 9,760 shares of the company’s stock worth $233,000 after acquiring an additional 691 shares during the period. Atria Investments Inc boosted its holdings in Franklin High Yield Corporate ETF by 22.6% in the 4th quarter. Atria Investments Inc now owns 11,163 shares of the company’s stock worth $266,000 after buying an additional 2,057 shares during the period. Finally, OneAscent Financial Services LLC purchased a new position in Franklin High Yield Corporate ETF during the 4th quarter valued at about $266,000.

Franklin High Yield Corporate ETF Stock Performance

FLHY opened at $23.84 on Monday. The company has a fifty day moving average price of $23.62 and a 200-day moving average price of $23.90. Franklin High Yield Corporate ETF has a one year low of $22.64 and a one year high of $24.53.

Franklin High Yield Corporate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1193 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.