Concurrent Investment Advisors LLC Takes $295,000 Position in Franklin Senior Loan ETF (BATS:FLBL)

Concurrent Investment Advisors LLC bought a new stake in Franklin Senior Loan ETF (BATS:FLBL) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,101 shares of the company’s stock, valued at approximately $295,000. Concurrent Investment Advisors LLC owned approximately 0.08% of Franklin Senior Loan ETF at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fortitude Family Office LLC acquired a new position in shares of Franklin Senior Loan ETF in the 1st quarter valued at $38,000. VisionPoint Advisory Group LLC purchased a new stake in Franklin Senior Loan ETF in the 4th quarter valued at $94,000. Transcendent Capital Group LLC purchased a new stake in Franklin Senior Loan ETF in the 1st quarter valued at $101,000. TFB Advisors LLC purchased a new stake in Franklin Senior Loan ETF in the 2nd quarter valued at $204,000. Finally, Avantax Advisory Services Inc. purchased a new stake in Franklin Senior Loan ETF in the 4th quarter valued at $209,000.

Franklin Senior Loan ETF Stock Down 0.1 %

FLBL stock opened at $24.22 on Wednesday. The firm has a 50 day simple moving average of $24.31 and a two-hundred day simple moving average of $24.35.

Franklin Senior Loan ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be given a $0.1632 dividend. This is an increase from Franklin Senior Loan ETF’s previous dividend of $0.15. The ex-dividend date is Tuesday, September 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.