Stifel Financial Corp Buys Shares of 14,687 Franklin High Yield Corporate ETF (BATS:FLHY)

Stifel Financial Corp purchased a new stake in Franklin High Yield Corporate ETF (BATS:FLHY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,687 shares of the company’s stock, valued at approximately $359,000. Stifel Financial Corp owned 0.13% of Franklin High Yield Corporate ETF at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in Franklin High Yield Corporate ETF by 2,580.5% during the 3rd quarter. International Assets Investment Management LLC now owns 2,655,856 shares of the company’s stock valued at $64,922,000 after acquiring an additional 2,556,777 shares in the last quarter. Hantz Financial Services Inc. raised its stake 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 valued at $33,929,000 after purchasing an additional 200,325 shares in the last quarter. Prentice Wealth Management LLC lifted its holdings in Franklin High Yield Corporate ETF by 4.1% in the third quarter. Prentice Wealth Management LLC now owns 711,292 shares of the company’s stock worth $17,388,000 after purchasing an additional 28,088 shares during the period. Dynamic Advisor Solutions LLC grew its position in Franklin High Yield Corporate ETF by 19.9% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 616,902 shares of the company’s stock valued at $15,080,000 after buying an additional 102,361 shares in the last quarter. Finally, PFG Advisors increased its stake in Franklin High Yield Corporate ETF by 16.8% during the 3rd quarter. PFG Advisors now owns 110,248 shares of the company’s stock valued at $2,695,000 after buying an additional 15,869 shares during the period.

Franklin High Yield Corporate ETF Stock Down 0.2 %

Shares of BATS:FLHY opened at $23.83 on Friday. The stock has a fifty day moving average of $24.08 and a 200 day moving average of $24.07.

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.