Franklin Senior Loan ETF $FLBL Shares Sold by Sovran Advisors LLC

Sovran Advisors LLC trimmed its position in shares of Franklin Senior Loan ETF (BATS:FLBL) by 48.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,902 shares of the company’s stock after selling 58,693 shares during the quarter. Sovran Advisors LLC’s holdings in Franklin Senior Loan ETF were worth $1,500,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Ashford Capital Management Inc. acquired a new position in Franklin Senior Loan ETF in the 2nd quarter worth about $11,322,000. Farther Finance Advisors LLC lifted its position in shares of Franklin Senior Loan ETF by 1,641.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 107,531 shares of the company’s stock valued at $2,583,000 after buying an additional 101,355 shares in the last quarter. New York Life Investment Management LLC acquired a new stake in Franklin Senior Loan ETF in the 2nd quarter valued at $63,293,000. Curran Financial Partners LLC acquired a new stake in Franklin Senior Loan ETF in the 2nd quarter valued at $8,644,000. Finally, Trivium Point Advisory LLC increased its holdings in Franklin Senior Loan ETF by 4.0% in the 2nd quarter. Trivium Point Advisory LLC now owns 121,372 shares of the company’s stock worth $2,941,000 after acquiring an additional 4,686 shares in the last quarter.

Franklin Senior Loan ETF Stock Down 0.7%

FLBL opened at $23.56 on Tuesday. The firm’s fifty day simple moving average is $23.59 and its two-hundred day simple moving average is $23.87. Franklin Senior Loan ETF has a 52-week low of $22.92 and a 52-week high of $24.45.

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.