Franklin High Yield Corporate ETF $FLHY Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers increased its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 79.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 767,882 shares of the company’s stock after purchasing an additional 339,472 shares during the quarter. Cetera Investment Advisers’ holdings in Franklin High Yield Corporate ETF were worth $18,537,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Provenance Wealth Advisors LLC bought a new stake in shares of Franklin High Yield Corporate ETF in the first quarter worth $19,873,000. Ameriprise Financial Inc. boosted its stake in 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 valued at $27,497,000 after acquiring an additional 679,295 shares during the last quarter. Prentice Wealth Management LLC grew its holdings in Franklin High Yield Corporate ETF by 72.5% during the 1st quarter. Prentice Wealth Management LLC now owns 1,010,897 shares of the company’s stock worth $24,403,000 after acquiring an additional 424,952 shares in the last quarter. LPL Financial LLC increased its position in shares of Franklin High Yield Corporate ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 1,328,195 shares of the company’s stock worth $32,428,000 after purchasing an additional 142,587 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Franklin High Yield Corporate ETF in the 3rd quarter worth about $1,805,000.

Franklin High Yield Corporate ETF Price Performance

FLHY stock opened at $24.07 on Tuesday. Franklin High Yield Corporate ETF has a 12-month low of $23.82 and a 12-month high of $24.63. The stock’s 50 day simple moving average is $24.22 and its 200 day simple moving average is $24.31.

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.