Franklin High Yield Corporate ETF $FLHY Stock: Provenance Wealth Advisors LLC Boosts Holdings

Provenance Wealth Advisors LLC lifted its holdings in Franklin High Yield Corporate ETF (BATS:FLHY) by 13.7% during the third quarter, HoldingsChannel.com reports. The firm owned 955,002 shares of the company’s stock after purchasing an additional 115,260 shares during the period. Franklin High Yield Corporate ETF accounts for 1.3% of Provenance Wealth Advisors LLC’s portfolio, making the stock its 18th biggest position. Provenance Wealth Advisors LLC’s holdings in Franklin High Yield Corporate ETF were worth $22,352,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Prentice Wealth Management LLC boosted its holdings in Franklin High Yield Corporate ETF by 5.1% during the third quarter. Prentice Wealth Management LLC now owns 1,131,765 shares of the company’s stock worth $26,489,000 after purchasing an additional 54,575 shares during the last quarter. Cetera Investment Advisers increased its stake in Franklin High Yield Corporate ETF by 79.2% in the 1st quarter. Cetera Investment Advisers now owns 767,882 shares of the company’s stock valued at $18,537,000 after buying an additional 339,472 shares during the last quarter. Dynamic Advisor Solutions LLC increased its stake in Franklin High Yield Corporate ETF by 8.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 681,278 shares of the company’s stock valued at $16,548,000 after buying an additional 53,557 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Franklin High Yield Corporate ETF by 155.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 362,056 shares of the company’s stock worth $8,794,000 after buying an additional 220,256 shares in the last quarter. Finally, Ocean Park Asset Management LLC bought a new stake in Franklin High Yield Corporate ETF during the 2nd quarter worth about $7,238,000.

Franklin High Yield Corporate ETF Price Performance

Shares of BATS:FLHY opened at $23.36 on Wednesday. The company’s 50-day moving average price is $23.66 and its two-hundred day moving average price is $24.13. Franklin High Yield Corporate ETF has a one year low of $23.14 and a one 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.