Jones Financial Companies Lllp Purchases 1,214 Shares of Franklin High Yield Corporate ETF (BATS:FLHY)

Jones Financial Companies Lllp increased its holdings in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 32.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,979 shares of the company’s stock after purchasing an additional 1,214 shares during the period. Jones Financial Companies Lllp’s holdings in Franklin High Yield Corporate ETF were worth $119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kovack Advisors Inc. boosted its holdings in Franklin High Yield Corporate ETF by 32.8% in the fourth quarter. Kovack Advisors Inc. now owns 45,923 shares of the company’s stock worth $1,096,000 after acquiring an additional 11,347 shares in the last quarter. Winebrenner Capital Management LLC bought a new position in Franklin High Yield Corporate ETF in the 4th quarter valued at about $1,511,000. Prentice Wealth Management LLC boosted its stake in Franklin High Yield Corporate ETF by 4.7% during the 4th quarter. Prentice Wealth Management LLC now owns 744,584 shares of the company’s stock valued at $17,773,000 after purchasing an additional 33,292 shares during the last quarter. Atria Wealth Solutions Inc. bought a new stake in Franklin High Yield Corporate ETF during the 4th quarter worth approximately $1,848,000. Finally, State of New Jersey Common Pension Fund D purchased a new stake in shares of Franklin High Yield Corporate ETF in the fourth quarter worth approximately $23,870,000.

Franklin High Yield Corporate ETF Stock Performance

FLHY stock opened at $23.82 on Friday. Franklin High Yield Corporate ETF has a twelve month low of $23.18 and a twelve month high of $24.53. The stock’s 50 day moving average is $24.04 and its 200-day moving average is $24.12.

Franklin High Yield Corporate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1193 per share. 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.