Principal Securities Inc. Sells 2,385 Shares of Franklin Senior Loan ETF (BATS:FLBL)

Principal Securities Inc. reduced its stake in shares of Franklin Senior Loan ETF (BATS:FLBL) by 23.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,905 shares of the company’s stock after selling 2,385 shares during the quarter. Principal Securities Inc.’s holdings in Franklin Senior Loan ETF were worth $192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of FLBL. JPMorgan Chase & Co. lifted its stake 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 buying an additional 871,596 shares during the period. Keudell Morrison Wealth Management bought a new stake in shares of Franklin Senior Loan ETF in the 4th quarter worth approximately $20,371,000. Calamos Advisors LLC increased its position in shares of Franklin Senior Loan ETF by 274.5% during the fourth quarter. Calamos Advisors LLC now owns 801,373 shares of the company’s stock valued at $19,445,000 after purchasing an additional 587,405 shares during the period. WealthPlan Investment Management LLC raised its stake in shares of Franklin Senior Loan ETF by 483.0% in the third quarter. WealthPlan Investment Management LLC now owns 572,399 shares of the company’s stock valued at $13,892,000 after purchasing an additional 474,221 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in Franklin Senior Loan ETF in the fourth quarter worth $8,223,000.

Franklin Senior Loan ETF Stock Performance

Shares of Franklin Senior Loan ETF stock opened at $24.25 on Tuesday. The firm has a 50-day simple moving average of $24.31 and a two-hundred day simple moving average of $24.30.

Franklin Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1335 per share. The ex-dividend date was Monday, February 3rd.

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.