Cetera Investment Advisers Raises Stock Holdings in Franklin High Yield Corporate ETF $FLHY

Cetera Investment Advisers boosted its holdings in Franklin High Yield Corporate ETF (BATS:FLHY) by 47.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 343,462 shares of the company’s stock after purchasing an additional 110,893 shares during the period. Cetera Investment Advisers owned about 1.30% of Franklin High Yield Corporate ETF worth $8,363,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of FLHY. Geneos Wealth Management Inc. boosted its stake in shares of Franklin High Yield Corporate ETF by 59.8% during the 1st 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 during the last quarter. Atria Investments Inc raised its holdings in Franklin High Yield Corporate ETF by 8.8% in the second quarter. Atria Investments Inc now owns 12,519 shares of the company’s stock valued at $305,000 after acquiring an additional 1,014 shares in the last quarter. Rossby Financial LCC bought a new position in Franklin High Yield Corporate ETF during the 2nd quarter valued at $26,000. Spire Wealth Management bought a new position in Franklin High Yield Corporate ETF during the 2nd quarter valued at $35,000. Finally, Valmark Advisers Inc. grew its holdings in Franklin High Yield Corporate ETF by 5.8% during the 2nd quarter. Valmark Advisers Inc. now owns 28,765 shares of the company’s stock worth $700,000 after acquiring an additional 1,566 shares in the last quarter.

Franklin High Yield Corporate ETF Price Performance

FLHY opened at $24.29 on Friday. The company has a 50-day moving average of $24.39 and a 200-day moving average of $24.23. Franklin High Yield Corporate ETF has a 1-year low of $22.64 and a 1-year high of $24.53.

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.