Kathmere Capital Management LLC Invests $530,000 in Franklin Senior Loan ETF (BATS:FLBL)

Kathmere Capital Management LLC purchased a new position in shares of Franklin Senior Loan ETF (BATS:FLBL) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 21,626 shares of the company’s stock, valued at approximately $530,000. Kathmere Capital Management LLC owned 0.23% of Franklin Senior Loan ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fortitude Family Office LLC bought a new stake in shares of Franklin Senior Loan ETF during the 1st quarter worth approximately $38,000. VisionPoint Advisory Group LLC bought a new stake in shares of Franklin Senior Loan ETF during the 4th quarter worth approximately $94,000. Avantax Advisory Services Inc. bought a new stake in shares of Franklin Senior Loan ETF during the 4th quarter worth approximately $209,000. Strategic Blueprint LLC bought a new stake in shares of Franklin Senior Loan ETF during the 4th quarter worth approximately $214,000. Finally, Arkadios Wealth Advisors bought a new position in Franklin Senior Loan ETF in the 4th quarter valued at approximately $253,000.

Franklin Senior Loan ETF Price Performance

Shares of BATS:FLBL opened at $24.41 on Friday. The company has a 50 day moving average of $24.39 and a 200 day moving average of $24.33.

Franklin Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a $0.1481 dividend. The ex-dividend date of this dividend is Monday, July 1st.

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.