Farther Finance Advisors LLC Makes New $220,000 Investment in Franklin High Yield Corporate ETF $FLHY

Farther Finance Advisors LLC purchased a new position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,023 shares of the company’s stock, valued at approximately $220,000.

A number of other large investors also recently added to or reduced their stakes in FLHY. Wealth Enhancement Advisory Services LLC acquired a new position in Franklin High Yield Corporate ETF during the fourth quarter worth $1,355,000. Dynamic Advisor Solutions LLC increased its position in shares of Franklin High Yield Corporate ETF by 3.5% during the first quarter. Dynamic Advisor Solutions LLC now owns 654,808 shares of the company’s stock worth $15,604,000 after acquiring an additional 22,363 shares during the period. Prentice Wealth Management LLC increased its position in shares of Franklin High Yield Corporate ETF by 2.2% during the first quarter. Prentice Wealth Management LLC now owns 761,014 shares of the company’s stock worth $18,135,000 after acquiring an additional 16,430 shares during the period. CENTRAL TRUST Co increased its position in shares of Franklin High Yield Corporate ETF by 43.0% during the first quarter. CENTRAL TRUST Co now owns 7,420 shares of the company’s stock worth $177,000 after acquiring an additional 2,231 shares during the period. Finally, Fourth Dimension Wealth LLC increased its position in shares of Franklin High Yield Corporate ETF by 39.7% during the first quarter. Fourth Dimension Wealth LLC now owns 12,845 shares of the company’s stock worth $306,000 after acquiring an additional 3,649 shares during the period.

Franklin High Yield Corporate ETF Stock Down 0.3%

Franklin High Yield Corporate ETF stock opened at $24.46 on Thursday. Franklin High Yield Corporate ETF has a twelve month low of $22.64 and a twelve month high of $24.53. The stock’s fifty day simple moving average is $24.37 and its 200-day simple moving average is $24.03.

Franklin High Yield Corporate ETF Company 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.