Atria Investments Inc Boosts Stock Position in Franklin High Yield Corporate ETF (BATS:FLHY)

Atria Investments Inc grew its holdings in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 22.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,163 shares of the company’s stock after purchasing an additional 2,057 shares during the quarter. Atria Investments Inc owned approximately 0.10% of Franklin High Yield Corporate ETF worth $266,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FLHY. Jones Financial Companies Lllp increased its holdings in Franklin High Yield Corporate ETF by 32.2% during the fourth quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock worth $119,000 after buying an additional 1,214 shares during the last quarter. Stifel Financial Corp bought a new position in shares of Franklin High Yield Corporate ETF during the 3rd quarter valued at approximately $359,000. Fifth Third Securities Inc. purchased a new stake in shares of Franklin High Yield Corporate ETF during the 4th quarter worth approximately $416,000. Valmark Advisers Inc. raised its holdings in shares of Franklin High Yield Corporate ETF by 5.5% in the 4th quarter. Valmark Advisers Inc. now owns 28,099 shares of the company’s stock worth $671,000 after purchasing an additional 1,454 shares during the period. Finally, MML Investors Services LLC lifted its stake in Franklin High Yield Corporate ETF by 97.8% in the third quarter. MML Investors Services LLC now owns 29,015 shares of the company’s stock valued at $709,000 after purchasing an additional 14,348 shares during the last quarter.

Franklin High Yield Corporate ETF Price Performance

BATS:FLHY opened at $23.88 on Tuesday. The business 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 1 year low of $23.18 and a 1 year high of $24.53.

Franklin High Yield Corporate ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued 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.