Franklin High Yield Corporate ETF $FLHY Stock Sold by International Assets Investment Management LLC

International Assets Investment Management LLC trimmed its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 66.7% during the third quarter, HoldingsChannel.com reports. The firm owned 12,200 shares of the company’s stock after selling 24,475 shares during the quarter. International Assets Investment Management LLC’s holdings in Franklin High Yield Corporate ETF were worth $286,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FLHY. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new position in shares of Franklin High Yield Corporate ETF during the 2nd quarter worth about $877,000. Fifth Third Bancorp bought a new position in shares of Franklin High Yield Corporate ETF in the 1st quarter valued at about $502,000. Van Hulzen Asset Management LLC acquired a new stake in shares of Franklin High Yield Corporate ETF in the second quarter valued at about $597,000. Cetera Investment Advisers increased its position in shares of Franklin High Yield Corporate ETF by 79.2% in the first quarter. Cetera Investment Advisers now owns 767,882 shares of the company’s stock valued at $18,537,000 after acquiring an additional 339,472 shares during the last quarter. Finally, Ocean Park Asset Management LLC bought a new stake in Franklin High Yield Corporate ETF during the second quarter worth about $7,238,000.

Franklin High Yield Corporate ETF Stock Performance

BATS FLHY remained flat at $23.44 during trading hours on Friday. The company had a trading volume of 172,989 shares, compared to its average volume of 292,414. The stock has a fifty day simple moving average of $23.61 and a 200-day simple moving average of $24.11. Franklin High Yield Corporate ETF has a 1 year low of $23.14 and a 1 year high of $24.63.

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.