Adams Wealth Management Decreases Position in Franklin Senior Loan ETF (BATS:FLBL)

Adams Wealth Management reduced its stake in Franklin Senior Loan ETF (BATS:FLBL) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,482 shares of the company’s stock after selling 1,474 shares during the period. Adams Wealth Management’s holdings in Franklin Senior Loan ETF were worth $764,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. boosted its position in shares of Franklin Senior Loan ETF by 11.1% in the 4th quarter. Hantz Financial Services Inc. now owns 1,930,653 shares of the company’s stock valued at $46,847,000 after purchasing an additional 192,425 shares during the period. LPL Financial LLC lifted its stake in Franklin Senior Loan ETF by 33.2% in the fourth quarter. LPL Financial LLC now owns 1,090,139 shares of the company’s stock valued at $26,452,000 after buying an additional 271,766 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Franklin Senior Loan ETF by 1,507.2% in the third quarter. JPMorgan Chase & Co. now owns 929,425 shares of the company’s stock valued at $22,557,000 after acquiring an additional 871,596 shares during the period. Franklin Resources Inc. grew its position in shares of Franklin Senior Loan ETF by 1.6% during the fourth quarter. Franklin Resources Inc. now owns 890,126 shares of the company’s stock worth $21,599,000 after acquiring an additional 13,765 shares during the last quarter. Finally, Keudell Morrison Wealth Management acquired a new position in shares of Franklin Senior Loan ETF in the 4th quarter valued at $20,371,000.

Franklin Senior Loan ETF Trading Down 3.1 %

FLBL stock opened at $23.59 on Friday. The company has a fifty day moving average price of $23.97 and a 200 day moving average price of $24.19. Franklin Senior Loan ETF has a 12 month low of $22.92 and a 12 month high of $24.49.

Franklin Senior Loan ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.