Focus Financial Network Inc. Buys New Shares in Franklin Senior Loan ETF (BATS:FLBL)

Focus Financial Network Inc. purchased a new position in shares of Franklin Senior Loan ETF (BATS:FLBL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,377 shares of the company’s stock, valued at approximately $203,000.

Other large investors have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. raised its holdings in shares of Franklin Senior Loan ETF by 16.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 10,015 shares of the company’s stock valued at $245,000 after purchasing an additional 1,390 shares during the period. Advisory Alpha LLC raised its stake in Franklin Senior Loan ETF by 16.7% in the first quarter. Advisory Alpha LLC now owns 14,594 shares of the company’s stock valued at $357,000 after buying an additional 2,092 shares during the period. Aire Advisors LLC raised its stake in Franklin Senior Loan ETF by 0.9% in the second quarter. Aire Advisors LLC now owns 250,702 shares of the company’s stock valued at $6,104,000 after buying an additional 2,243 shares during the period. Anfield Capital Management LLC bought a new position in shares of Franklin Senior Loan ETF during the 2nd quarter worth approximately $63,000. Finally, JT Stratford LLC boosted its stake in shares of Franklin Senior Loan ETF by 11.5% during the 1st quarter. JT Stratford LLC now owns 27,932 shares of the company’s stock worth $684,000 after acquiring an additional 2,878 shares during the period.

Franklin Senior Loan ETF Stock Performance

FLBL opened at $24.21 on Tuesday. The firm has a fifty day simple moving average of $24.29 and a two-hundred day simple moving average of $24.33.

Franklin Senior Loan ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1632 per share. This is an increase from Franklin Senior Loan ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

Franklin Senior Loan ETF 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.