Franklin Senior Loan ETF (BATS:FLBL) is Andina Capital Management LLC’s 9th Largest Position

Andina Capital Management LLC lifted its holdings in shares of Franklin Senior Loan ETF (BATS:FLBL) by 42.4% during the third quarter, HoldingsChannel.com reports. The fund owned 186,841 shares of the company’s stock after purchasing an additional 55,627 shares during the quarter. Franklin Senior Loan ETF makes up 3.4% of Andina Capital Management LLC’s holdings, making the stock its 9th largest position. Andina Capital Management LLC’s holdings in Franklin Senior Loan ETF were worth $4,535,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FLBL. LPL Financial LLC grew its stake in shares of Franklin Senior Loan ETF by 136.0% in the 2nd quarter. LPL Financial LLC now owns 1,470,823 shares of the company’s stock valued at $35,903,000 after purchasing an additional 847,700 shares during the last quarter. Hantz Financial Services Inc. purchased a new position in Franklin Senior Loan ETF in the 2nd quarter valued at $35,384,000. DORVAL Corp acquired a new position in Franklin Senior Loan ETF in the 3rd quarter valued at $15,629,000. Pennsylvania Capital Management Inc. ADV raised its position in Franklin Senior Loan ETF by 78.1% during the 2nd quarter. Pennsylvania Capital Management Inc. ADV now owns 436,896 shares of the company’s stock worth $10,665,000 after buying an additional 191,568 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Franklin Senior Loan ETF by 89.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 317,155 shares of the company’s stock worth $7,742,000 after acquiring an additional 149,482 shares during the period.

Franklin Senior Loan ETF Stock Performance

Shares of BATS:FLBL remained flat at $24.37 during midday trading on Tuesday. 698,303 shares of the stock traded hands. The stock has a fifty day simple moving average of $24.29 and a 200-day simple moving average of $24.33.

Franklin Senior Loan ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Franklin Senior Loan ETF’s previous dividend of $0.15.

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.