Franklin Senior Loan ETF $FLBL Stock: New York Life Investment Management LLC Lowers Stake

New York Life Investment Management LLC cut its position in shares of Franklin Senior Loan ETF (BATS:FLBL) by 27.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,365,696 shares of the company’s stock after selling 1,259,560 shares during the quarter. New York Life Investment Management LLC owned 7.50% of Franklin Senior Loan ETF worth $77,411,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Fifth Third Bancorp bought a new stake in Franklin Senior Loan ETF during the first quarter valued at $32,000. Kelleher Financial Advisors lifted its position in shares of Franklin Senior Loan ETF by 13.1% in the 3rd quarter. Kelleher Financial Advisors now owns 5,727 shares of the company’s stock worth $132,000 after buying an additional 663 shares during the last quarter. Park Avenue Securities LLC bought a new position in shares of Franklin Senior Loan ETF in the 3rd quarter worth about $210,000. Keeler Thomas Management LLC acquired a new position in shares of Franklin Senior Loan ETF in the 2nd quarter valued at about $220,000. Finally, Tactive Advisors LLC boosted its holdings in shares of Franklin Senior Loan ETF by 24.3% in the 2nd quarter. Tactive Advisors LLC now owns 15,511 shares of the company’s stock valued at $356,000 after buying an additional 3,035 shares during the period.

Franklin Senior Loan ETF Stock Up 0.1%

Shares of BATS:FLBL opened at $22.68 on Wednesday. Franklin Senior Loan ETF has a fifty-two week low of $22.50 and a fifty-two week high of $23.78. The firm has a 50-day simple moving average of $22.85 and a 200 day simple moving average of $22.97.

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.