Hantz Financial Services Inc. Has $36.95 Million Stake in Franklin High Yield Corporate ETF (BATS:FLHY)

Hantz Financial Services Inc. increased its position in Franklin High Yield Corporate ETF (BATS:FLHY) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,548,089 shares of the company’s stock after purchasing an additional 160,137 shares during the period. Hantz Financial Services Inc. owned approximately 13.40% of Franklin High Yield Corporate ETF worth $36,953,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Williams & Novak LLC lifted its stake in shares of Franklin High Yield Corporate ETF by 19.0% in the third quarter. Williams & Novak LLC now owns 16,012 shares of the company’s stock valued at $391,000 after buying an additional 2,560 shares in the last quarter. US Bancorp DE boosted its stake in Franklin High Yield Corporate ETF by 126.3% during the 3rd quarter. US Bancorp DE now owns 6,808 shares of the company’s stock valued at $166,000 after purchasing an additional 3,800 shares during the last quarter. Atria Investments Inc acquired a new position in Franklin High Yield Corporate ETF during the 3rd quarter valued at about $223,000. MML Investors Services LLC increased its holdings in Franklin High Yield Corporate ETF by 97.8% during the 3rd quarter. MML Investors Services LLC now owns 29,015 shares of the company’s stock worth $709,000 after purchasing an additional 14,348 shares in the last quarter. Finally, Stifel Financial Corp bought a new position in shares of Franklin High Yield Corporate ETF in the third quarter valued at approximately $359,000.

Franklin High Yield Corporate ETF Stock Performance

Shares of BATS:FLHY opened at $24.20 on Wednesday. The firm’s 50-day moving average is $24.02 and its 200 day moving average is $24.11.

Franklin High Yield Corporate ETF 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.