Diversify Wealth Management LLC Buys New Holdings in Franklin High Yield Corporate ETF $FLHY

Diversify Wealth Management LLC purchased a new position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 51,257 shares of the company’s stock, valued at approximately $1,247,000. Diversify Wealth Management LLC owned 0.19% of Franklin High Yield Corporate ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Provenance Wealth Advisors LLC acquired a new stake in shares of Franklin High Yield Corporate ETF in the first quarter valued at approximately $19,873,000. Ameriprise Financial Inc. increased its holdings in shares of Franklin High Yield Corporate ETF by 153.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,120,900 shares of the company’s stock worth $27,497,000 after acquiring an additional 679,295 shares during the last quarter. Prentice Wealth Management LLC raised its stake in Franklin High Yield Corporate ETF by 72.5% in the 1st quarter. Prentice Wealth Management LLC now owns 1,010,897 shares of the company’s stock valued at $24,403,000 after acquiring an additional 424,952 shares during the period. Redhawk Wealth Advisors Inc. bought a new stake in Franklin High Yield Corporate ETF in the 4th quarter valued at $4,758,000. Finally, LPL Financial LLC lifted its holdings in Franklin High Yield Corporate ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 1,328,195 shares of the company’s stock valued at $32,428,000 after purchasing an additional 142,587 shares during the last quarter.

Franklin High Yield Corporate ETF Stock Up 0.1%

FLHY stock opened at $24.21 on Thursday. Franklin High Yield Corporate ETF has a one year low of $23.82 and a one year high of $24.63. The company has a fifty day moving average price of $24.23 and a two-hundred day moving average price of $24.33.

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.