Franklin High Yield Corporate ETF (BATS:FLHY) Shares Sold by Capasso Planning Partners LLC

Capasso Planning Partners LLC lowered its holdings in Franklin High Yield Corporate ETF (BATS:FLHY) by 43.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 62,547 shares of the company’s stock after selling 48,391 shares during the quarter. Capasso Planning Partners LLC’s holdings in Franklin High Yield Corporate ETF were worth $1,493,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FLHY. PFG Advisors lifted its holdings in shares of Franklin High Yield Corporate ETF by 11.0% during the fourth quarter. PFG Advisors now owns 122,323 shares of the company’s stock valued at $2,920,000 after purchasing an additional 12,075 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Franklin High Yield Corporate ETF by 65.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 14,362 shares of the company’s stock worth $343,000 after buying an additional 5,657 shares during the period. Raymond James Financial Inc. purchased a new stake in Franklin High Yield Corporate ETF during the fourth quarter valued at about $2,638,000. Atria Investments Inc boosted its holdings in shares of Franklin High Yield Corporate ETF by 22.6% in the fourth quarter. Atria Investments Inc now owns 11,163 shares of the company’s stock worth $266,000 after buying an additional 2,057 shares during the period. Finally, Jones Financial Companies Lllp increased its position in shares of Franklin High Yield Corporate ETF by 32.2% in the fourth quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock worth $119,000 after acquiring an additional 1,214 shares in the last quarter.

Franklin High Yield Corporate ETF Stock Performance

Shares of BATS:FLHY opened at $23.84 on Wednesday. Franklin High Yield Corporate ETF has a 52 week low of $23.18 and a 52 week high of $24.53. The firm has a 50 day simple moving average of $24.05 and a 200 day simple moving average of $24.13.

Franklin High Yield Corporate ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1193 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Franklin High Yield Corporate ETF Company 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.