Ocean Park Asset Management LLC Acquires Shares of 215,400 Franklin Senior Loan ETF (BATS:FLBL)

Ocean Park Asset Management LLC bought a new position in shares of Franklin Senior Loan ETF (BATS:FLBL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 215,400 shares of the company’s stock, valued at approximately $5,227,000. Ocean Park Asset Management LLC owned approximately 1.47% of Franklin Senior Loan ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of FLBL. Eagle Bay Advisors LLC bought a new position in Franklin Senior Loan ETF during the 4th quarter worth $25,000. Farther Finance Advisors LLC bought a new position in shares of Franklin Senior Loan ETF in the third quarter worth $109,000. Focus Financial Network Inc. acquired a new position in Franklin Senior Loan ETF in the third 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 purchasing an additional 1,310 shares in the last quarter. Finally, Raymond James Trust N.A. bought a new stake in Franklin Senior Loan ETF during the third quarter worth about $243,000.

Franklin Senior Loan ETF Stock Performance

FLBL stock opened at $24.30 on Tuesday. The firm has a 50 day moving average price of $24.31 and a 200-day moving average price of $24.30.

Franklin Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1335 dividend. The ex-dividend date of this dividend was 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.