Assetmark Inc. Has $20.33 Million Holdings in Franklin High Yield Corporate ETF $FLHY

Assetmark Inc. raised its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 832,848 shares of the company’s stock after buying an additional 42,330 shares during the period. Assetmark Inc. owned 3.16% of Franklin High Yield Corporate ETF worth $20,334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FLHY. Geneos Wealth Management Inc. boosted its position in Franklin High Yield Corporate ETF by 59.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock valued at $41,000 after buying an additional 650 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Franklin High Yield Corporate ETF by 352.0% during the second quarter. JPMorgan Chase & Co. now owns 10,847 shares of the company’s stock worth $264,000 after purchasing an additional 8,447 shares in the last quarter. Jane Street Group LLC lifted its position 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 worth $347,000 after purchasing an additional 1,914 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Franklin High Yield Corporate ETF by 6.2% during the second quarter. Ameriprise Financial Inc. now owns 441,605 shares of the company’s stock worth $10,753,000 after purchasing an additional 25,670 shares in the last quarter. Finally, Global View Capital Management LLC acquired a new position in shares of Franklin High Yield Corporate ETF during the second quarter worth approximately $768,000.

Franklin High Yield Corporate ETF Stock Performance

Shares of FLHY stock opened at $24.41 on Thursday. Franklin High Yield Corporate ETF has a 1 year low of $23.21 and a 1 year high of $24.63. The firm’s 50 day moving average is $24.30 and its 200-day moving average is $24.38.

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.