Bank of Montreal Can Raises Stock Holdings in Franklin Senior Loan ETF $FLBL

Bank of Montreal Can boosted its position in Franklin Senior Loan ETF (BATS:FLBL) by 15,546,958.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,643,000 shares of the company’s stock after purchasing an additional 2,642,983 shares during the quarter. Bank of Montreal Can owned approximately 5.89% of Franklin Senior Loan ETF worth $63,485,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. New York Life Investment Management LLC grew its position in shares of Franklin Senior Loan ETF by 38.3% in the 3rd quarter. New York Life Investment Management LLC now owns 3,612,159 shares of the company’s stock worth $86,764,000 after buying an additional 999,969 shares during the period. Ashford Capital Management Inc. bought a new stake in Franklin Senior Loan ETF during the second quarter worth about $11,322,000. Ocean Park Asset Management LLC grew its holdings in Franklin Senior Loan ETF by 89.6% in the third quarter. Ocean Park Asset Management LLC now owns 408,400 shares of the company’s stock worth $9,810,000 after purchasing an additional 193,000 shares during the period. Bank of America Corp DE grew its holdings in Franklin Senior Loan ETF by 2,338.8% in the second quarter. Bank of America Corp DE now owns 188,688 shares of the company’s stock worth $4,572,000 after purchasing an additional 180,951 shares during the period. Finally, Curran Financial Partners LLC increased its stake in shares of Franklin Senior Loan ETF by 49.4% during the third quarter. Curran Financial Partners LLC now owns 532,868 shares of the company’s stock valued at $12,799,000 after purchasing an additional 176,118 shares in the last quarter.

Franklin Senior Loan ETF Trading Up 0.1%

FLBL stock opened at $23.01 on Friday. The firm has a 50 day moving average price of $23.21 and a 200-day moving average price of $23.61. Franklin Senior Loan ETF has a 52-week low of $22.57 and a 52-week high of $24.29.

Franklin Senior Loan ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1277 per share. This is a boost from Franklin Senior Loan ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.7%.

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.