Concourse Financial Group Securities Inc. Sells 4,247 Shares of Franklin Senior Loan ETF (BATS:FLBL)

Concourse Financial Group Securities Inc. lessened its stake in shares of Franklin Senior Loan ETF (BATS:FLBL) by 5.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 79,045 shares of the company’s stock after selling 4,247 shares during the period. Concourse Financial Group Securities Inc.’s holdings in Franklin Senior Loan ETF were worth $1,936,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of FLBL. Strategic Blueprint LLC bought a new position in Franklin Senior Loan ETF during the 4th quarter worth about $214,000. Sightline Wealth Advisors LLC bought a new position in shares of Franklin Senior Loan ETF during the fourth quarter valued at approximately $277,000. GTS Securities LLC purchased a new position in Franklin Senior Loan ETF during the third quarter valued at approximately $1,113,000. Dynamic Advisor Solutions LLC bought a new position in Franklin Senior Loan ETF in the fourth quarter worth approximately $292,000. Finally, Avantax Advisory Services Inc. purchased a new stake in Franklin Senior Loan ETF during the fourth quarter worth $209,000.

Franklin Senior Loan ETF Trading Up 0.1 %

BATS FLBL traded up $0.02 during midday trading on Friday, hitting $24.32. 270,509 shares of the company traded hands. The firm has a 50 day simple moving average of $24.38 and a 200-day simple moving average of $24.33.

Franklin Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a dividend of $0.1481 per share. The ex-dividend date was Monday, July 1st.

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.