Ameriprise Financial Inc. Acquires 671,597 Shares of Franklin Senior Loan ETF (BATS:FLBL)

Ameriprise Financial Inc. grew its holdings in shares of Franklin Senior Loan ETF (BATS:FLBL) by 264.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 926,011 shares of the company’s stock after buying an additional 671,597 shares during the quarter. Ameriprise Financial Inc. owned 6.32% of Franklin Senior Loan ETF worth $22,468,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Keudell Morrison Wealth Management bought a new position in Franklin Senior Loan ETF in the fourth quarter worth approximately $20,371,000. Bank of New York Mellon Corp bought a new position in Franklin Senior Loan ETF in the fourth quarter worth approximately $17,813,000. Calamos Advisors LLC grew its stake in Franklin Senior Loan ETF by 274.5% in the fourth quarter. Calamos Advisors LLC now owns 801,373 shares of the company’s stock worth $19,445,000 after purchasing an additional 587,405 shares in the last quarter. Prentice Wealth Management LLC bought a new position in Franklin Senior Loan ETF in the fourth quarter worth approximately $8,549,000. Finally, Exchange Traded Concepts LLC bought a new position in Franklin Senior Loan ETF in the fourth quarter worth approximately $8,223,000.

Franklin Senior Loan ETF Price Performance

Shares of BATS:FLBL opened at $24.10 on Thursday. Franklin Senior Loan ETF has a 52-week low of $22.92 and a 52-week high of $24.49. The business’s 50 day moving average is $23.83 and its 200 day moving average is $24.14.

Franklin Senior Loan ETF Cuts Dividend

The business also recently announced 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 of this dividend was Monday, March 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.