Pennsylvania Capital Management Inc. ADV Cuts Position in Franklin Senior Loan ETF (BATS:FLBL)

Pennsylvania Capital Management Inc. ADV lowered its stake in shares of Franklin Senior Loan ETF (BATS:FLBL) by 26.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,807 shares of the company’s stock after selling 7,950 shares during the quarter. Pennsylvania Capital Management Inc. ADV owned about 0.15% of Franklin Senior Loan ETF worth $529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC acquired a new position in shares of Franklin Senior Loan ETF during the fourth quarter worth $25,000. Farther Finance Advisors LLC acquired a new position in Franklin Senior Loan ETF during the 3rd quarter valued at about $109,000. Focus Financial Network Inc. acquired a new position in Franklin Senior Loan ETF during the 3rd quarter valued at about $203,000. TFB Advisors LLC raised its stake in Franklin Senior Loan ETF by 15.7% in the third quarter. TFB Advisors LLC now owns 9,655 shares of the company’s stock valued at $234,000 after buying an additional 1,310 shares during the last quarter. Finally, Raymond James Trust N.A. acquired a new stake in Franklin Senior Loan ETF in the third quarter worth about $243,000.

Franklin Senior Loan ETF Stock Performance

Shares of FLBL stock opened at $24.28 on Tuesday. The business’s fifty day simple moving average is $24.32 and its 200-day simple moving average is $24.30.

Franklin Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.1335 per share. The ex-dividend date is 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.