McAdam LLC Buys New Holdings in Franklin Senior Loan ETF (BATS:FLBL)

McAdam LLC purchased a new position in Franklin Senior Loan ETF (BATS:FLBL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,229 shares of the company’s stock, valued at approximately $564,000. McAdam LLC owned 0.16% of Franklin Senior Loan ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Stifel Financial Corp lifted its holdings in shares of Franklin Senior Loan ETF by 1.6% in the third quarter. Stifel Financial Corp now owns 72,961 shares of the company’s stock worth $1,771,000 after buying an additional 1,172 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Franklin Senior Loan ETF by 1,507.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 929,425 shares of the company’s stock worth $22,557,000 after purchasing an additional 871,596 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of Franklin Senior Loan ETF during the 3rd quarter valued at about $109,000. Arkadios Wealth Advisors grew its position in shares of Franklin Senior Loan ETF by 12.9% during the fourth quarter. Arkadios Wealth Advisors now owns 19,357 shares of the company’s stock valued at $470,000 after purchasing an additional 2,209 shares in the last quarter. Finally, Andina Capital Management LLC grew its position in shares of Franklin Senior Loan ETF by 42.4% during the third quarter. Andina Capital Management LLC now owns 186,841 shares of the company’s stock valued at $4,535,000 after purchasing an additional 55,627 shares in the last quarter.

Franklin Senior Loan ETF Trading Up 0.3 %

BATS:FLBL opened at $24.42 on Monday. The stock has a 50 day moving average price of $24.33 and a 200-day moving average price of $24.30.

Franklin Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.1335 per share. The ex-dividend date is Monday, February 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.