Diversified Enterprises LLC Has $233,000 Holdings in Franklin High Yield Corporate ETF (BATS:FLHY)

Diversified Enterprises LLC raised its holdings in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,760 shares of the company’s stock after buying an additional 691 shares during the quarter. Diversified Enterprises LLC owned about 0.08% of Franklin High Yield Corporate ETF worth $233,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Commonwealth Equity Services LLC lifted its holdings in shares of Franklin High Yield Corporate ETF by 9.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,936 shares of the company’s stock worth $333,000 after buying an additional 1,158 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Franklin High Yield Corporate ETF by 32.2% during the fourth quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock worth $119,000 after buying an additional 1,214 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of Franklin High Yield Corporate ETF by 5.5% during the fourth quarter. Valmark Advisers Inc. now owns 28,099 shares of the company’s stock worth $671,000 after buying an additional 1,454 shares during the last quarter. Atria Investments Inc lifted its holdings in shares of Franklin High Yield Corporate ETF by 22.6% during the fourth quarter. Atria Investments Inc now owns 11,163 shares of the company’s stock worth $266,000 after buying an additional 2,057 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Franklin High Yield Corporate ETF by 65.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 14,362 shares of the company’s stock worth $343,000 after buying an additional 5,657 shares during the last quarter.

Franklin High Yield Corporate ETF Stock Performance

Shares of BATS FLHY opened at $23.82 on Friday. The business has a fifty day simple moving average of $24.04 and a 200 day simple moving average of $24.12. Franklin High Yield Corporate ETF has a one year low of $23.18 and a one year high of $24.53.

Franklin High Yield Corporate ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1193 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.