Concurrent Investment Advisors LLC Invests $295,000 in Franklin Senior Loan ETF (BATS:FLBL)

Concurrent Investment Advisors LLC purchased a new stake in Franklin Senior Loan ETF (BATS:FLBL) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 12,101 shares of the company’s stock, valued at approximately $295,000.

Several other hedge funds have also recently bought and sold shares of the business. Hantz Financial Services Inc. purchased a new position in Franklin Senior Loan ETF in the second quarter valued at approximately $35,384,000. TFB Advisors LLC purchased a new stake in shares of Franklin Senior Loan ETF during the second quarter valued at approximately $204,000. Ameritas Advisory Services LLC purchased a new stake in shares of Franklin Senior Loan ETF during the second quarter valued at approximately $338,000. Arkadios Wealth Advisors raised its stake in shares of Franklin Senior Loan ETF by 57.3% during the second quarter. Arkadios Wealth Advisors now owns 16,935 shares of the company’s stock valued at $413,000 after purchasing an additional 6,169 shares during the period. Finally, Strategic Blueprint LLC raised its stake in shares of Franklin Senior Loan ETF by 78.4% during the second quarter. Strategic Blueprint LLC now owns 18,344 shares of the company’s stock valued at $448,000 after purchasing an additional 8,059 shares during the period.

Franklin Senior Loan ETF Stock Performance

FLBL opened at $24.22 on Wednesday. The firm’s 50-day moving average price is $24.31 and its 200 day moving average price is $24.35.

Franklin Senior Loan ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.1632 per share. The ex-dividend date is Tuesday, September 3rd. This is a positive change from Franklin Senior Loan ETF’s previous dividend of $0.15.

About Franklin Senior Loan ETF

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.