Kovack Advisors Inc. Has $1.45 Million Stake in Franklin Senior Loan ETF (BATS:FLBL)

Kovack Advisors Inc. raised its position in shares of Franklin Senior Loan ETF (BATS:FLBL) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,764 shares of the company’s stock after acquiring an additional 1,699 shares during the quarter. Kovack Advisors Inc.’s holdings in Franklin Senior Loan ETF were worth $1,450,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of FLBL. Hantz Financial Services Inc. boosted its position in shares of Franklin Senior Loan ETF by 11.1% during the 4th quarter. Hantz Financial Services Inc. now owns 1,930,653 shares of the company’s stock worth $46,847,000 after purchasing an additional 192,425 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Franklin Senior Loan ETF by 1,507.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 929,425 shares of the company’s stock worth $22,557,000 after purchasing an additional 871,596 shares during the last quarter. Keudell Morrison Wealth Management bought a new position in Franklin Senior Loan ETF in the 4th quarter worth approximately $20,371,000. Calamos Advisors LLC boosted its holdings in Franklin Senior Loan ETF by 274.5% in the 4th quarter. Calamos Advisors LLC now owns 801,373 shares of the company’s stock worth $19,445,000 after buying an additional 587,405 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Franklin Senior Loan ETF in the 4th quarter valued at $17,813,000.

Franklin Senior Loan ETF Stock Down 0.2 %

BATS FLBL opened at $24.29 on Thursday. The stock’s 50-day moving average is $24.31 and its two-hundred day moving average is $24.30.

Franklin Senior Loan ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.1335 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.