Stifel Financial Corp Sells 22,455 Shares of Franklin Senior Loan ETF (BATS:FLBL)

Stifel Financial Corp cut its holdings in Franklin Senior Loan ETF (BATS:FLBL) by 30.8% during the 4th quarter, HoldingsChannel reports. The fund owned 50,506 shares of the company’s stock after selling 22,455 shares during the quarter. Stifel Financial Corp’s holdings in Franklin Senior Loan ETF were worth $1,226,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FLBL. MML Investors Services LLC lifted its holdings in shares of Franklin Senior Loan ETF by 7.2% during the 4th quarter. MML Investors Services LLC now owns 120,992 shares of the company’s stock worth $2,936,000 after acquiring an additional 8,133 shares during the period. Concourse Financial Group Securities Inc. grew its position in shares of Franklin Senior Loan ETF by 22.6% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 164,679 shares of the company’s stock valued at $4,018,000 after buying an additional 30,310 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Franklin Senior Loan ETF during the 4th quarter valued at approximately $7,405,000. Envestnet Asset Management Inc. raised its position in shares of Franklin Senior Loan ETF by 55.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 549,990 shares of the company’s stock worth $13,346,000 after acquiring an additional 196,897 shares in the last quarter. Finally, Wells Fargo & Company MN bought a new stake in shares of Franklin Senior Loan ETF in the 4th quarter valued at $2,153,000.

Franklin Senior Loan ETF Trading Up 0.4 %

Shares of BATS FLBL opened at $23.91 on Friday. Franklin Senior Loan ETF has a 1 year low of $22.92 and a 1 year high of $24.49. The company has a 50-day moving average price of $23.83 and a 200-day moving average price of $24.15.

Franklin Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.