Raymond James Financial Inc. Acquires Shares of 305,181 Franklin Senior Loan ETF (BATS:FLBL)

Raymond James Financial Inc. acquired a new stake in Franklin Senior Loan ETF (BATS:FLBL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 305,181 shares of the company’s stock, valued at approximately $7,405,000. Raymond James Financial Inc. owned 2.08% of Franklin Senior Loan ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FLBL. Raymond James Trust N.A. purchased a new position in Franklin Senior Loan ETF in the third quarter valued at about $243,000. Acorn Wealth Advisors LLC raised its position in Franklin Senior Loan ETF by 12.7% in the third quarter. Acorn Wealth Advisors LLC now owns 37,013 shares of the company’s stock valued at $898,000 after purchasing an additional 4,175 shares during the period. Hantz Financial Services Inc. raised its position in Franklin Senior Loan ETF by 19.9% in the third quarter. Hantz Financial Services Inc. now owns 1,738,228 shares of the company’s stock valued at $42,187,000 after purchasing an additional 288,657 shares during the period. IHT Wealth Management LLC raised its position in Franklin Senior Loan ETF by 48.1% in the third quarter. IHT Wealth Management LLC now owns 35,582 shares of the company’s stock valued at $863,000 after purchasing an additional 11,551 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of Franklin Senior Loan ETF by 1.6% during the third quarter. Stifel Financial Corp now owns 72,961 shares of the company’s stock valued at $1,771,000 after acquiring an additional 1,172 shares in the last quarter.

Franklin Senior Loan ETF Stock Performance

Shares of Franklin Senior Loan ETF stock opened at $24.01 on Monday. The business has a 50-day moving average of $24.24 and a 200-day moving average of $24.28. Franklin Senior Loan ETF has a 1-year low of $23.90 and a 1-year high of $24.50.

Franklin Senior Loan ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.12 per share. The ex-dividend date was Monday, March 3rd.

About Franklin Senior Loan ETF

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.