Valmark Advisers Inc. Has $668,000 Stock Holdings in Franklin High Yield Corporate ETF (BATS:FLHY)

Valmark Advisers Inc. lifted its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 6.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,192 shares of the company’s stock after buying an additional 1,669 shares during the quarter. Valmark Advisers Inc. owned about 0.24% of Franklin High Yield Corporate ETF worth $668,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in Franklin High Yield Corporate ETF by 0.5% during the second quarter. International Assets Investment Management LLC now owns 99,079 shares of the company’s stock valued at $2,349,000 after acquiring an additional 500 shares during the period. Traynor Capital Management Inc. acquired a new position in shares of Franklin High Yield Corporate ETF during the second quarter worth approximately $210,000. Diversified LLC bought a new position in Franklin High Yield Corporate ETF during the second quarter worth $211,000. Williams & Novak LLC acquired a new position in Franklin High Yield Corporate ETF during the 2nd quarter valued at $319,000. Finally, Cetera Advisors LLC bought a new stake in Franklin High Yield Corporate ETF in the 1st quarter valued at $490,000.

Franklin High Yield Corporate ETF Price Performance

Shares of FLHY opened at $24.32 on Tuesday. The company’s 50 day moving average is $23.96 and its 200-day moving average is $23.70.

Franklin High Yield Corporate ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd will be issued a $0.1243 dividend. This is a boost from Franklin High Yield Corporate ETF’s previous dividend of $0.11. The ex-dividend date is Tuesday, September 3rd.

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.