Franklin High Yield Corporate ETF $FLHY Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 192.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 72,557 shares of the company’s stock after buying an additional 47,706 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Franklin High Yield Corporate ETF were worth $1,752,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Provenance Wealth Advisors LLC purchased a new position in Franklin High Yield Corporate ETF during the 1st quarter valued at about $19,873,000. Ameriprise Financial Inc. grew its position in Franklin High Yield Corporate ETF by 153.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,120,900 shares of the company’s stock valued at $27,497,000 after acquiring an additional 679,295 shares in the last quarter. Prentice Wealth Management LLC increased 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 worth $24,403,000 after purchasing an additional 424,952 shares during the period. LPL Financial LLC increased its stake in Franklin High Yield Corporate ETF by 12.0% during the fourth quarter. LPL Financial LLC now owns 1,328,195 shares of the company’s stock worth $32,428,000 after purchasing an additional 142,587 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in shares of Franklin High Yield Corporate ETF during the third quarter worth about $1,805,000.

Franklin High Yield Corporate ETF Price Performance

BATS FLHY opened at $24.11 on Friday. The firm has a 50 day simple moving average of $24.22 and a 200-day simple moving average of $24.31. Franklin High Yield Corporate ETF has a one year low of $23.82 and a one year high of $24.63.

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.