Exchange Traded Concepts LLC Invests $8.22 Million in Franklin Senior Loan ETF (BATS:FLBL)

Exchange Traded Concepts LLC bought a new stake in shares of Franklin Senior Loan ETF (BATS:FLBL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 338,880 shares of the company’s stock, valued at approximately $8,223,000.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its position in shares of Franklin Senior Loan ETF by 89.2% during the second quarter. Envestnet Asset Management Inc. now owns 317,155 shares of the company’s stock worth $7,742,000 after purchasing an additional 149,482 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Franklin Senior Loan ETF by 23.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 30,975 shares of the company’s stock worth $756,000 after buying an additional 5,881 shares during the last quarter. Insigneo Advisory Services LLC acquired a new position in Franklin Senior Loan ETF during the 2nd quarter valued at about $238,000. Kathmere Capital Management LLC increased its position in Franklin Senior Loan ETF by 99.7% during the 2nd quarter. Kathmere Capital Management LLC now owns 43,190 shares of the company’s stock valued at $1,054,000 after buying an additional 21,564 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in Franklin Senior Loan ETF by 145.7% in the second quarter. Sunbelt Securities Inc. now owns 13,085 shares of the company’s stock worth $319,000 after acquiring an additional 7,760 shares in the last quarter.

Franklin Senior Loan ETF Stock Performance

FLBL opened at $24.41 on Friday. The firm’s 50-day moving average is $24.32 and its 200-day moving average is $24.30.

Franklin Senior Loan ETF 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.