Williams & Novak LLC Has $240,000 Position in Franklin High Yield Corporate ETF (BATS:FLHY)

Williams & Novak LLC decreased its holdings in Franklin High Yield Corporate ETF (BATS:FLHY) by 37.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,068 shares of the company’s stock after selling 5,944 shares during the quarter. Williams & Novak LLC owned 0.09% of Franklin High Yield Corporate ETF worth $240,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in shares of Franklin High Yield Corporate ETF by 72.0% during the 2nd quarter. Cetera Investment Advisers now owns 64,619 shares of the company’s stock worth $1,532,000 after buying an additional 27,041 shares during the period. Prentice Wealth Management LLC lifted its holdings 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 acquiring an additional 28,088 shares during the period. Dynamic Advisor Solutions LLC boosted its stake in shares of Franklin High Yield Corporate ETF by 19.9% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 616,902 shares of the company’s stock valued at $15,080,000 after purchasing an additional 102,361 shares in the last quarter. PFG Advisors grew its holdings in shares of Franklin High Yield Corporate ETF by 16.8% in the 3rd quarter. PFG Advisors now owns 110,248 shares of the company’s stock worth $2,695,000 after purchasing an additional 15,869 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Franklin High Yield Corporate ETF by 2,580.5% during the 3rd quarter. International Assets Investment Management LLC now owns 2,655,856 shares of the company’s stock worth $64,922,000 after purchasing an additional 2,556,777 shares in the last quarter.

Franklin High Yield Corporate ETF Stock Up 1.6 %

Shares of FLHY stock opened at $24.20 on Wednesday. The company’s 50-day moving average price is $24.02 and its 200-day moving average price is $24.11.

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.