US Bancorp DE Has $72,000 Holdings in Franklin High Yield Corporate ETF (BATS:FLHY)

US Bancorp DE cut its position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 55.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,008 shares of the company’s stock after selling 3,800 shares during the quarter. US Bancorp DE’s holdings in Franklin High Yield Corporate ETF were worth $72,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of FLHY. Franklin Resources Inc. increased its position in shares of Franklin High Yield Corporate ETF by 159.5% during the third quarter. Franklin Resources Inc. now owns 14,234,711 shares of the company’s stock worth $345,405,000 after buying an additional 8,748,894 shares during the period. State of New Jersey Common Pension Fund D acquired a new stake in shares of Franklin High Yield Corporate ETF during the fourth quarter worth $23,870,000. Hantz Financial Services Inc. increased its position in shares of Franklin High Yield Corporate ETF by 16.9% during the third quarter. Hantz Financial Services Inc. now owns 1,387,952 shares of the company’s stock worth $33,929,000 after buying an additional 200,325 shares during the period. Sovran Advisors LLC acquired a new stake in shares of Franklin High Yield Corporate ETF during the fourth quarter worth $2,071,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in Franklin High Yield Corporate ETF in the fourth quarter worth $1,848,000.

Franklin High Yield Corporate ETF Stock Performance

BATS:FLHY opened at $23.88 on Tuesday. The firm has a fifty day simple moving average of $24.04 and a two-hundred day simple moving average of $24.12. Franklin High Yield Corporate ETF has a 12 month low of $23.18 and a 12 month high of $24.53.

Franklin High Yield Corporate ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1193 dividend. The ex-dividend date was Monday, March 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.