Seed Wealth Management Inc. trimmed its holdings in Franklin Senior Loan ETF (BATS:FLBL – Free Report) by 11.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 75,713 shares of the company’s stock after selling 9,634 shares during the quarter. Franklin Senior Loan ETF comprises approximately 1.8% of Seed Wealth Management Inc.’s portfolio, making the stock its 14th biggest position. Seed Wealth Management Inc. owned about 0.81% of Franklin Senior Loan ETF worth $1,844,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the business. Fortitude Family Office LLC purchased a new position in shares of Franklin Senior Loan ETF in the 1st quarter worth $38,000. VisionPoint Advisory Group LLC bought a new stake in shares of Franklin Senior Loan ETF during the 4th quarter valued at about $94,000. Avantax Advisory Services Inc. purchased a new stake in shares of Franklin Senior Loan ETF during the 4th quarter valued at about $209,000. Strategic Blueprint LLC bought a new position in shares of Franklin Senior Loan ETF in the 4th quarter worth approximately $214,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of Franklin Senior Loan ETF in the fourth quarter worth approximately $253,000.
Franklin Senior Loan ETF Trading Up 0.1 %
FLBL stock traded up $0.02 during midday trading on Thursday, reaching $24.41. 89,469 shares of the company’s stock traded hands. The stock’s 50-day moving average is $24.39 and its 200-day moving average is $24.33.
Franklin Senior Loan ETF Cuts Dividend
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.
Featured Stories
- Five stocks we like better than Franklin Senior Loan ETF
- 3 Warren Buffett Stocks to Buy Now
- BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead
- Where Do I Find 52-Week Highs and Lows?
- Progress Software Stock Back in the Green After Beating Forecasts
- What is Insider Trading? What You Can Learn from Insider Trading
- Goldman Sachs Raises Stock Target for Affirm: Key Insights
Receive News & Ratings for Franklin Senior Loan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Senior Loan ETF and related companies with MarketBeat.com's FREE daily email newsletter.