Envestnet Portfolio Solutions Inc. Boosts Position in Franklin Senior Loan ETF (BATS:FLBL)

Envestnet Portfolio Solutions Inc. raised its position in Franklin Senior Loan ETF (BATS:FLBL) by 23.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 71,117 shares of the company’s stock after acquiring an additional 13,731 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Franklin Senior Loan ETF were worth $1,726,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FLBL. Commonwealth Equity Services LLC lifted its stake in shares of Franklin Senior Loan ETF by 10.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,980 shares of the company’s stock worth $266,000 after purchasing an additional 1,054 shares during the period. Global View Capital Management LLC bought a new position in Franklin Senior Loan ETF in the fourth quarter worth approximately $602,000. PNC Financial Services Group Inc. purchased a new position in shares of Franklin Senior Loan ETF during the 4th quarter worth $1,514,000. Oak Hill Wealth Advisors LLC bought a new stake in shares of Franklin Senior Loan ETF during the 4th quarter valued at $331,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Franklin Senior Loan ETF in the 4th quarter worth $7,405,000.

Franklin Senior Loan ETF Stock Down 1.4 %

Shares of Franklin Senior Loan ETF stock opened at $24.01 on Friday. Franklin Senior Loan ETF has a one year low of $23.90 and a one year high of $24.50. The stock’s fifty day moving average is $24.24 and its 200 day moving average is $24.27.

Franklin Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.12 per share. The ex-dividend date was Monday, March 3rd.

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.