Janney Montgomery Scott LLC Boosts Holdings in Franklin High Yield Corporate ETF $FLHY

Janney Montgomery Scott LLC raised its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 108.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,164 shares of the company’s stock after acquiring an additional 53,253 shares during the period. Janney Montgomery Scott LLC’s holdings in Franklin High Yield Corporate ETF were worth $2,466,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of FLHY. Geneos Wealth Management Inc. lifted its holdings 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 purchasing an additional 650 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Franklin High Yield Corporate ETF by 352.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,847 shares of the company’s stock worth $264,000 after buying an additional 8,447 shares during the last quarter. Jane Street Group LLC increased its position in Franklin High Yield Corporate ETF by 15.5% during the 2nd quarter. Jane Street Group LLC now owns 14,262 shares of the company’s stock valued at $347,000 after buying an additional 1,914 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Franklin High Yield Corporate ETF by 6.2% in the second quarter. Ameriprise Financial Inc. now owns 441,605 shares of the company’s stock valued at $10,753,000 after buying an additional 25,670 shares during the last quarter. Finally, Global View Capital Management LLC purchased a new stake in Franklin High Yield Corporate ETF in the second quarter valued at about $768,000.

Franklin High Yield Corporate ETF Price Performance

Shares of BATS FLHY opened at $24.19 on Thursday. Franklin High Yield Corporate ETF has a fifty-two week low of $23.82 and a fifty-two week high of $24.63. The business has a 50-day simple moving average of $24.25 and a two-hundred day simple moving average of $24.34.

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.