28,958 Shares in Franklin High Yield Corporate ETF $FLHY Acquired by Sequent Planning LLC

Sequent Planning LLC purchased a new stake in Franklin High Yield Corporate ETF (BATS:FLHY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 28,958 shares of the company’s stock, valued at approximately $710,000. Sequent Planning LLC owned 0.11% of Franklin High Yield Corporate ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FLHY. Spire Wealth Management purchased a new stake in Franklin High Yield Corporate ETF during the 2nd quarter worth about $35,000. Geneos Wealth Management Inc. grew its holdings in Franklin High Yield Corporate ETF by 59.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,737 shares of the company’s stock worth $41,000 after acquiring an additional 650 shares in the last quarter. US Bancorp DE increased its position in shares of Franklin High Yield Corporate ETF by 52.7% in the 3rd quarter. US Bancorp DE now owns 4,593 shares of the company’s stock valued at $113,000 after purchasing an additional 1,585 shares during the last quarter. Ascent Group LLC purchased a new stake in shares of Franklin High Yield Corporate ETF during the 3rd quarter worth $203,000. Finally, Global Assets Advisory LLC acquired a new position in shares of Franklin High Yield Corporate ETF during the third quarter worth $238,000.

Franklin High Yield Corporate ETF Stock Performance

Franklin High Yield Corporate ETF stock opened at $24.20 on Friday. The stock’s fifty day moving average is $24.50 and its two-hundred day moving average is $24.43. Franklin High Yield Corporate ETF has a 1-year low of $22.64 and a 1-year high of $24.63.

Franklin High Yield Corporate ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1147 per share. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.