SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co Makes New Investment in Franklin High Yield Corporate ETF $FLHY

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new stake in Franklin High Yield Corporate ETF (BATS:FLHY) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 36,122 shares of the company’s stock, valued at approximately $877,000. Franklin High Yield Corporate ETF accounts for approximately 0.3% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s portfolio, making the stock its 19th biggest holding. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co owned approximately 0.14% of Franklin High Yield Corporate ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tenzing Financial LLC bought a new stake in shares of Franklin High Yield Corporate ETF in the fourth quarter worth about $991,000. Fifth Third Bancorp bought a new position in Franklin High Yield Corporate ETF during the 1st quarter valued at approximately $502,000. Cetera Investment Advisers raised its position in Franklin High Yield Corporate ETF by 79.2% during the 1st quarter. Cetera Investment Advisers now owns 767,882 shares of the company’s stock valued at $18,537,000 after purchasing an additional 339,472 shares during the last quarter. Provenance Wealth Advisors LLC purchased a new stake in Franklin High Yield Corporate ETF in the 1st quarter worth approximately $19,873,000. Finally, Prentice Wealth Management LLC lifted its holdings in Franklin High Yield Corporate ETF by 72.5% in the 1st quarter. Prentice Wealth Management LLC now owns 1,010,897 shares of the company’s stock worth $24,403,000 after buying an additional 424,952 shares during the period.

Franklin High Yield Corporate ETF Stock Performance

Shares of FLHY stock opened at $24.05 on Monday. Franklin High Yield Corporate ETF has a fifty-two week low of $23.82 and a fifty-two week high of $24.63. The business’s 50 day moving average price is $24.16 and its 200-day moving average price is $24.23.

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.