US Bancorp DE Purchases 3,800 Shares of Franklin High Yield Corporate ETF (BATS:FLHY)

US Bancorp DE raised its position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 126.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,808 shares of the company’s stock after purchasing an additional 3,800 shares during the quarter. US Bancorp DE owned 0.06% of Franklin High Yield Corporate ETF worth $166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FLHY. Cetera Advisors LLC bought a new position in Franklin High Yield Corporate ETF in the 1st quarter worth $490,000. Williams & Novak LLC lifted 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 valued at $391,000 after buying an additional 2,560 shares in the last quarter. Traynor Capital Management Inc. bought a new position in shares of Franklin High Yield Corporate ETF during the 2nd quarter valued at approximately $210,000. PFG Advisors increased its holdings in 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 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 approximately $545,000.

Franklin High Yield Corporate ETF Trading Down 0.2 %

Shares of BATS:FLHY opened at $24.06 on Friday. The firm’s fifty day moving average price is $24.24 and its 200 day moving average price is $23.96.

Franklin High Yield Corporate ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1243 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from Franklin High Yield Corporate ETF’s previous dividend of $0.11.

Franklin High Yield Corporate ETF 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.