Prentice Wealth Management LLC Takes Position in Franklin Senior Loan ETF (BATS:FLBL)

Prentice Wealth Management LLC purchased a new position in shares of Franklin Senior Loan ETF (BATS:FLBL) in the fourth quarter, Holdings Channel.com reports. The fund purchased 352,326 shares of the company’s stock, valued at approximately $8,549,000. Franklin Senior Loan ETF makes up approximately 2.5% of Prentice Wealth Management LLC’s portfolio, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Eagle Bay Advisors LLC acquired a new stake in Franklin Senior Loan ETF in the fourth quarter valued at approximately $25,000. Global Retirement Partners LLC lifted its stake in shares of Franklin Senior Loan ETF by 1,511.6% in the 4th quarter. Global Retirement Partners LLC now owns 1,112 shares of the company’s stock valued at $27,000 after acquiring an additional 1,043 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Franklin Senior Loan ETF during the 3rd quarter valued at $109,000. Focus Financial Network Inc. bought a new stake in Franklin Senior Loan ETF during the 3rd quarter worth $203,000. Finally, TFB Advisors LLC increased its holdings in Franklin Senior Loan ETF by 15.7% in the 3rd quarter. TFB Advisors LLC now owns 9,655 shares of the company’s stock worth $234,000 after purchasing an additional 1,310 shares in the last quarter.

Franklin Senior Loan ETF Stock Down 0.3 %

Franklin Senior Loan ETF stock opened at $24.28 on Friday. The company has a 50 day moving average price of $24.31 and a 200-day moving average price of $24.30.

Franklin Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1335 dividend. The ex-dividend date was Monday, February 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.