Ashford Capital Management Inc. Invests $11.32 Million in Franklin Senior Loan ETF $FLBL

Ashford Capital Management Inc. acquired a new stake in Franklin Senior Loan ETF (BATS:FLBL) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 467,284 shares of the company’s stock, valued at approximately $11,322,000. Ashford Capital Management Inc. owned about 1.04% of Franklin Senior Loan ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. New York Life Investment Management LLC acquired a new position in Franklin Senior Loan ETF during the second quarter valued at approximately $63,293,000. Curran Financial Partners LLC acquired a new stake in Franklin Senior Loan ETF in the second quarter worth $8,644,000. Steward Partners Investment Advisory LLC boosted its position in shares of Franklin Senior Loan ETF by 204,093.0% during the first quarter. Steward Partners Investment Advisory LLC now owns 204,193 shares of the company’s stock worth $4,915,000 after purchasing an additional 204,093 shares in the last quarter. Trivium Point Advisory LLC boosted its position in shares of Franklin Senior Loan ETF by 4.0% during the second quarter. Trivium Point Advisory LLC now owns 121,372 shares of the company’s stock worth $2,941,000 after purchasing an additional 4,686 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in shares of Franklin Senior Loan ETF by 8.8% in the 2nd quarter. Truist Financial Corp now owns 90,430 shares of the company’s stock valued at $2,191,000 after buying an additional 7,283 shares during the period.

Franklin Senior Loan ETF Stock Performance

FLBL opened at $23.70 on Friday. Franklin Senior Loan ETF has a 12 month low of $22.92 and a 12 month high of $24.45. The company has a fifty day simple moving average of $23.73 and a 200 day simple moving average of $24.00.

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.