Franklin Senior Loan ETF $FLBL Stock Sold by Sage Advisory Services Ltd.Co.

Sage Advisory Services Ltd.Co. trimmed its stake in shares of Franklin Senior Loan ETF (BATS:FLBL) by 50.6% in the third quarter, HoldingsChannel reports. The firm owned 342,983 shares of the company’s stock after selling 351,150 shares during the quarter. Franklin Senior Loan ETF accounts for about 4.2% of Sage Advisory Services Ltd.Co.’s holdings, making the stock its 7th largest holding. Sage Advisory Services Ltd.Co.’s holdings in Franklin Senior Loan ETF were worth $7,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in shares of Franklin Senior Loan ETF by 655.5% in the first quarter. Bank of New York Mellon Corp now owns 1,933,014 shares of the company’s stock valued at $44,459,000 after purchasing an additional 1,677,153 shares during the period. Royal Bank of Canada boosted its holdings in shares of Franklin Senior Loan ETF by 226.6% during the 1st quarter. Royal Bank of Canada now owns 334,835 shares of the company’s stock worth $7,700,000 after buying an additional 232,329 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Franklin Senior Loan ETF in the 2nd quarter valued at about $4,314,000. PNC Financial Services Group Inc. grew its stake in Franklin Senior Loan ETF by 5,905.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 98,545 shares of the company’s stock valued at $2,267,000 after buying an additional 96,904 shares during the last quarter. Finally, Fifth Third Securities Inc. raised its holdings in Franklin Senior Loan ETF by 32.4% in the 3rd quarter. Fifth Third Securities Inc. now owns 382,865 shares of the company’s stock valued at $8,806,000 after acquiring an additional 93,656 shares during the period.

Franklin Senior Loan ETF Price Performance

Franklin Senior Loan ETF stock opened at $22.82 on Monday. The company’s 50-day moving average price is $22.93 and its two-hundred day moving average price is $23.00. Franklin Senior Loan ETF has a twelve month low of $22.57 and a twelve month high of $23.89.

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.