Seed Wealth Management Inc. Sells 9,634 Shares of Franklin Senior Loan ETF (BATS:FLBL)

Seed Wealth Management Inc. trimmed its holdings in Franklin Senior Loan ETF (BATS:FLBL) by 11.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 75,713 shares of the company’s stock after selling 9,634 shares during the quarter. Franklin Senior Loan ETF comprises approximately 1.8% of Seed Wealth Management Inc.’s portfolio, making the stock its 14th biggest position. Seed Wealth Management Inc. owned about 0.81% of Franklin Senior Loan ETF worth $1,844,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Fortitude Family Office LLC purchased a new position in shares of Franklin Senior Loan ETF in the 1st quarter worth $38,000. VisionPoint Advisory Group LLC bought a new stake in shares of Franklin Senior Loan ETF during the 4th quarter valued at about $94,000. Avantax Advisory Services Inc. purchased a new stake in shares of Franklin Senior Loan ETF during the 4th quarter valued at about $209,000. Strategic Blueprint LLC bought a new position in shares of Franklin Senior Loan ETF in the 4th quarter worth approximately $214,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of Franklin Senior Loan ETF in the fourth quarter worth approximately $253,000.

Franklin Senior Loan ETF Trading Up 0.1 %

FLBL stock traded up $0.02 during midday trading on Thursday, reaching $24.41. 89,469 shares of the company’s stock traded hands. The stock’s 50-day moving average is $24.39 and its 200-day moving average is $24.33.

Franklin Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 6th. Stockholders of record on Monday, June 3rd were paid a $0.154 dividend. The ex-dividend date of this dividend was Monday, June 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.