Smartleaf Asset Management LLC Buys Shares of 47,271 Franklin Senior Loan ETF $FLBL

Smartleaf Asset Management LLC bought a new position in Franklin Senior Loan ETF (BATS:FLBL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 47,271 shares of the company’s stock, valued at approximately $1,136,000. Smartleaf Asset Management LLC owned about 0.11% of Franklin Senior Loan ETF at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in Franklin Senior Loan ETF by 5.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 790,261 shares of the company’s stock worth $18,982,000 after purchasing an additional 39,351 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Franklin Senior Loan ETF by 0.6% during the third quarter. Hantz Financial Services Inc. now owns 2,370,039 shares of the company’s stock worth $56,928,000 after buying an additional 13,289 shares in the last quarter. Comprehensive Wealth Management LLC lifted its stake in shares of Franklin Senior Loan ETF by 52.2% in the 3rd quarter. Comprehensive Wealth Management LLC now owns 46,703 shares of the company’s stock valued at $1,122,000 after acquiring an additional 16,010 shares during the last quarter. Mission Hills Financial Advisory LLC lifted its stake in shares of Franklin Senior Loan ETF by 17.9% in the 3rd quarter. Mission Hills Financial Advisory LLC now owns 188,241 shares of the company’s stock valued at $4,522,000 after acquiring an additional 28,569 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its holdings in shares of Franklin Senior Loan ETF by 5.9% during the 3rd quarter. Foundations Investment Advisors LLC now owns 222,857 shares of the company’s stock valued at $5,353,000 after acquiring an additional 12,501 shares in the last quarter.

Franklin Senior Loan ETF Stock Performance

Shares of FLBL stock opened at $23.14 on Tuesday. Franklin Senior Loan ETF has a twelve month low of $22.92 and a twelve month high of $24.35. The stock’s fifty day simple moving average is $23.50 and its 200 day simple moving average is $23.80.

Franklin Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.1137 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.9%.

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.