Rossby Financial LCC Makes New $26,000 Investment in Franklin High Yield Corporate ETF $FLHY

Rossby Financial LCC bought a new position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,066 shares of the company’s stock, valued at approximately $26,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. LPL Financial LLC lifted its position in shares of Franklin High Yield Corporate ETF by 15.8% in the first quarter. LPL Financial LLC now owns 694,244 shares of the company’s stock valued at $16,544,000 after acquiring an additional 94,719 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in Franklin High Yield Corporate ETF by 4.6% in the second quarter. Dynamic Advisor Solutions LLC now owns 685,194 shares of the company’s stock valued at $16,684,000 after purchasing an additional 30,386 shares during the last quarter. Cetera Investment Advisers increased its stake in Franklin High Yield Corporate ETF by 5.8% in the first quarter. Cetera Investment Advisers now owns 232,569 shares of the company’s stock valued at $5,542,000 after purchasing an additional 12,678 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Franklin High Yield Corporate ETF by 268.4% in the second quarter. Envestnet Asset Management Inc. now owns 211,872 shares of the company’s stock valued at $5,159,000 after purchasing an additional 154,359 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Franklin High Yield Corporate ETF by 28.5% in the first quarter. Raymond James Financial Inc. now owns 141,989 shares of the company’s stock valued at $3,384,000 after purchasing an additional 31,491 shares during the last quarter.

Franklin High Yield Corporate ETF Trading Down 0.2%

Franklin High Yield Corporate ETF stock opened at $24.49 on Thursday. The stock has a fifty day moving average price of $24.43 and a 200 day moving average price of $24.15. Franklin High Yield Corporate ETF has a 52 week low of $22.64 and a 52 week high of $24.53.

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.