Franklin High Yield Corporate ETF (BATS:FLHY) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its stake in Franklin High Yield Corporate ETF (BATS:FLHY) by 96.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,875 shares of the company’s stock after selling 2,567,981 shares during the quarter. International Assets Investment Management LLC’s holdings in Franklin High Yield Corporate ETF were worth $2,101,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of FLHY. Franklin Resources Inc. raised its holdings in shares of Franklin High Yield Corporate ETF by 159.5% during the 3rd quarter. Franklin Resources Inc. now owns 14,234,711 shares of the company’s stock valued at $345,405,000 after buying an additional 8,748,894 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Franklin High Yield Corporate ETF by 16.9% during the third quarter. Hantz Financial Services Inc. now owns 1,387,952 shares of the company’s stock valued at $33,929,000 after purchasing an additional 200,325 shares during the period. Prentice Wealth Management LLC raised its stake in shares of Franklin High Yield Corporate ETF by 4.1% during the third quarter. Prentice Wealth Management LLC now owns 711,292 shares of the company’s stock valued at $17,388,000 after purchasing an additional 28,088 shares during the period. Dynamic Advisor Solutions LLC lifted its position in shares of Franklin High Yield Corporate ETF by 19.9% during the third quarter. Dynamic Advisor Solutions LLC now owns 616,902 shares of the company’s stock worth $15,080,000 after purchasing an additional 102,361 shares in the last quarter. Finally, PFG Advisors boosted its stake in shares of Franklin High Yield Corporate ETF by 16.8% in the third quarter. PFG Advisors now owns 110,248 shares of the company’s stock valued at $2,695,000 after purchasing an additional 15,869 shares during the period.

Franklin High Yield Corporate ETF Trading Up 0.2 %

Franklin High Yield Corporate ETF stock opened at $23.94 on Thursday. The business’s 50-day moving average price is $24.04 and its two-hundred day moving average price is $24.08.

About Franklin High Yield Corporate ETF

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.