Acorn Wealth Advisors LLC Boosts Stock Position in Franklin Senior Loan ETF (BATS:FLBL)

Acorn Wealth Advisors LLC increased its holdings in shares of Franklin Senior Loan ETF (BATS:FLBL) by 12.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,013 shares of the company’s stock after buying an additional 4,175 shares during the period. Acorn Wealth Advisors LLC’s holdings in Franklin Senior Loan ETF were worth $898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Anfield Capital Management LLC acquired a new position in Franklin Senior Loan ETF during the second quarter worth $63,000. Farther Finance Advisors LLC purchased a new stake in shares of Franklin Senior Loan ETF during the third quarter worth about $109,000. TFB Advisors LLC acquired a new position in shares of Franklin Senior Loan ETF during the 2nd quarter worth about $204,000. Focus Financial Network Inc. acquired a new position in shares of Franklin Senior Loan ETF during the 3rd quarter worth about $203,000. Finally, Insigneo Advisory Services LLC purchased a new position in Franklin Senior Loan ETF in the 2nd quarter valued at about $238,000.

Franklin Senior Loan ETF Price Performance

Shares of BATS:FLBL traded up $0.01 during trading on Monday, reaching $24.39. The stock had a trading volume of 258,836 shares. The stock has a fifty day moving average of $24.29 and a two-hundred day moving average of $24.32.

Franklin Senior Loan ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1632 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost 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.