IFG Advisory LLC Acquires 387,749 Shares of Franklin High Yield Corporate ETF $FLHY

IFG Advisory LLC grew its holdings in Franklin High Yield Corporate ETF (BATS:FLHY) by 1,601.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 411,957 shares of the company’s stock after buying an additional 387,749 shares during the period. IFG Advisory LLC’s holdings in Franklin High Yield Corporate ETF were worth $9,642,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in FLHY. Valmark Advisers Inc. purchased a new stake in shares of Franklin High Yield Corporate ETF during the 3rd quarter valued at about $1,669,000. CENTRAL TRUST Co bought a new position in shares of Franklin High Yield Corporate ETF in the 3rd quarter valued at about $1,570,000. Parallel Advisors LLC purchased a new position in Franklin High Yield Corporate ETF in the third quarter worth about $80,000. Tenzing Financial LLC grew its position in Franklin High Yield Corporate ETF by 5.8% in the third quarter. Tenzing Financial LLC now owns 62,008 shares of the company’s stock worth $1,445,000 after acquiring an additional 3,375 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new stake in Franklin High Yield Corporate ETF during the third quarter worth approximately $286,000.

Franklin High Yield Corporate ETF Trading Down 0.2%

BATS FLHY traded down $0.04 during trading hours on Friday, hitting $23.34. 271,050 shares of the company were exchanged, compared to its average volume of 294,835. The stock has a 50-day moving average price of $23.54 and a 200 day moving average price of $24.08. Franklin High Yield Corporate ETF has a 52 week low of $23.14 and a 52 week high of $24.63.

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.