Franklin High Yield Corporate ETF (BATS:FLHY) Shares Sold by Assetmark Inc.

Assetmark Inc. reduced its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 24.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,979 shares of the company’s stock after selling 2,209 shares during the quarter. Assetmark Inc.’s holdings in Franklin High Yield Corporate ETF were worth $171,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FLHY. US Bancorp DE increased its stake in shares of Franklin High Yield Corporate ETF by 126.3% in the 3rd quarter. US Bancorp DE now owns 6,808 shares of the company’s stock worth $166,000 after acquiring an additional 3,800 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Franklin High Yield Corporate ETF by 2,580.5% in the 3rd quarter. International Assets Investment Management LLC now owns 2,655,856 shares of the company’s stock worth $64,922,000 after acquiring an additional 2,556,777 shares during the last quarter. PFG Advisors increased its stake in shares of Franklin High Yield Corporate ETF by 16.8% in the 3rd quarter. PFG Advisors now owns 110,248 shares of the company’s stock worth $2,695,000 after acquiring an additional 15,869 shares during the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Franklin High Yield Corporate ETF by 19.9% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 616,902 shares of the company’s stock worth $15,080,000 after purchasing an additional 102,361 shares during the last quarter. Finally, Williams & Novak LLC increased its position in shares of Franklin High Yield Corporate ETF by 19.0% during the 3rd quarter. Williams & Novak LLC now owns 16,012 shares of the company’s stock worth $391,000 after purchasing an additional 2,560 shares during the last quarter.

Franklin High Yield Corporate ETF Price Performance

Shares of BATS:FLHY opened at $24.04 on Monday. The business’s 50-day simple moving average is $24.24 and its 200-day simple moving average is $23.98.

Franklin High Yield Corporate ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1243 per share. This is an increase from Franklin High Yield Corporate ETF’s previous dividend of $0.11. The ex-dividend date was Tuesday, September 3rd.

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.