Regal Investment Advisors LLC Has $313,000 Position in Franklin High Yield Corporate ETF (BATS:FLHY)

Regal Investment Advisors LLC grew its holdings in shares of Franklin High Yield Corporate ETF (BATS:FLHY) by 11.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 13,118 shares of the company’s stock after purchasing an additional 1,347 shares during the period. Regal Investment Advisors LLC’s holdings in Franklin High Yield Corporate ETF were worth $313,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Franklin Resources Inc. boosted its holdings in shares of Franklin High Yield Corporate ETF by 159.5% during the 3rd quarter. Franklin Resources Inc. now owns 14,234,711 shares of the company’s stock worth $345,405,000 after buying an additional 8,748,894 shares in the last quarter. State of New Jersey Common Pension Fund D acquired a new stake in Franklin High Yield Corporate ETF in the fourth quarter worth $23,870,000. Hantz Financial Services Inc. increased its stake in Franklin High Yield Corporate ETF by 11.5% in the fourth quarter. Hantz Financial Services Inc. now owns 1,548,089 shares of the company’s stock valued at $36,953,000 after purchasing an additional 160,137 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Franklin High Yield Corporate ETF during the fourth quarter valued at about $2,638,000. Finally, Sovran Advisors LLC bought a new position in shares of Franklin High Yield Corporate ETF during the 4th quarter worth about $2,071,000.

Franklin High Yield Corporate ETF Stock Down 1.7 %

Shares of Franklin High Yield Corporate ETF stock opened at $23.41 on Friday. The business has a 50-day simple moving average of $23.78 and a 200 day simple moving average of $23.98. Franklin High Yield Corporate ETF has a one year low of $22.64 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 issued 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.