Franklin Resources Inc. Sells 4,205,992 Shares of Franklin Senior Loan ETF $FLBL

Franklin Resources Inc. reduced its position in Franklin Senior Loan ETF (BATS:FLBL) by 45.3% during the fourth quarter, HoldingsChannel reports. The firm owned 5,083,972 shares of the company’s stock after selling 4,205,992 shares during the period. Franklin Resources Inc. owned about 0.11% of Franklin Senior Loan ETF worth $119,067,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FLBL. Eagle Bay Advisors LLC bought a new stake in shares of Franklin Senior Loan ETF in the 4th quarter valued at $25,000. Flagship Harbor Advisors LLC bought a new stake in shares of Franklin Senior Loan ETF in the 4th quarter valued at $33,000. Geneos Wealth Management Inc. boosted its stake in shares of Franklin Senior Loan ETF by 218.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,550 shares of the company’s stock valued at $61,000 after purchasing an additional 1,750 shares during the last quarter. Kelleher Financial Advisors bought a new stake in shares of Franklin Senior Loan ETF in the 4th quarter valued at $117,000. Finally, Private Advisory Group LLC bought a new position in Franklin Senior Loan ETF during the fourth quarter worth $226,000.

Franklin Senior Loan ETF Price Performance

Shares of BATS FLBL opened at $22.84 on Thursday. Franklin Senior Loan ETF has a 12-month low of $22.57 and a 12-month high of $24.29. The company’s fifty day simple moving average is $23.01 and its 200 day simple moving average is $23.21.

About Franklin Senior Loan ETF

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.