298,000 Shares in Franklin High Yield Corporate ETF $FLHY Bought by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC bought a new position in shares of Franklin High Yield Corporate ETF (BATS:FLHY) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 298,000 shares of the company’s stock, valued at approximately $7,238,000. Ocean Park Asset Management LLC owned 1.13% of Franklin High Yield Corporate ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. boosted its position in shares of Franklin High Yield Corporate ETF by 3.6% in the 4th quarter. Hantz Financial Services Inc. now owns 1,882,471 shares of the company’s stock valued at $45,961,000 after purchasing an additional 64,670 shares during the period. LPL Financial LLC raised its holdings in Franklin High Yield Corporate ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 1,328,195 shares of the company’s stock worth $32,428,000 after buying an additional 142,587 shares during the period. Ameriprise Financial Inc. lifted its stake in Franklin High Yield Corporate ETF by 153.8% during the third quarter. Ameriprise Financial Inc. now owns 1,120,900 shares of the company’s stock valued at $27,497,000 after buying an additional 679,295 shares in the last quarter. Prentice Wealth Management LLC lifted its stake in Franklin High Yield Corporate ETF by 72.5% during the first quarter. Prentice Wealth Management LLC now owns 1,010,897 shares of the company’s stock valued at $24,403,000 after buying an additional 424,952 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of Franklin High Yield Corporate ETF by 5.4% in the fourth quarter. Assetmark Inc. now owns 832,848 shares of the company’s stock worth $20,334,000 after buying an additional 42,330 shares during the period.

Franklin High Yield Corporate ETF Trading Down 0.1%

Shares of FLHY opened at $24.11 on Wednesday. The company has a 50-day moving average of $24.19 and a two-hundred day moving average of $24.28. Franklin High Yield Corporate ETF has a one year low of $23.82 and a one year 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.