Dynamic Advisor Solutions LLC Reduces Stock Position in Franklin High Yield Corporate ETF $FLHY

Dynamic Advisor Solutions LLC cut its holdings in Franklin High Yield Corporate ETF (BATS:FLHY) by 13.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 608,651 shares of the company’s stock after selling 92,373 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 2.31% of Franklin High Yield Corporate ETF worth $14,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Geneos Wealth Management Inc. lifted its holdings in Franklin High Yield Corporate ETF by 59.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after buying an additional 650 shares during the period. Fourth Dimension Wealth LLC grew its position in shares of Franklin High Yield Corporate ETF by 7.0% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 15,568 shares of the company’s stock worth $382,000 after buying an additional 1,025 shares during the last quarter. US Bancorp DE increased its stake in shares of Franklin High Yield Corporate ETF by 52.7% during the third quarter. US Bancorp DE now owns 4,593 shares of the company’s stock valued at $113,000 after buying an additional 1,585 shares during the period. Jane Street Group LLC raised its holdings in shares of Franklin High Yield Corporate ETF by 15.5% during 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. Finally, Winebrenner Capital Management LLC raised its holdings in shares of Franklin High Yield Corporate ETF by 2.3% during the fourth quarter. Winebrenner Capital Management LLC now owns 91,317 shares of the company’s stock valued at $2,230,000 after acquiring an additional 2,047 shares in the last quarter.

Franklin High Yield Corporate ETF Stock Down 0.9%

Shares of FLHY stock opened at $23.97 on Monday. The stock has a fifty day moving average of $24.45 and a 200 day moving average of $24.42. Franklin High Yield Corporate ETF has a 52 week low of $22.64 and a 52 week high of $24.63.

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.