SHP Wealth Management Takes $27.71 Million Position in Franklin Senior Loan ETF $FLBL

SHP Wealth Management bought a new position in shares of Franklin Senior Loan ETF (BATS:FLBL) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,183,326 shares of the company’s stock, valued at approximately $27,713,000. Franklin Senior Loan ETF comprises about 2.2% of SHP Wealth Management’s investment portfolio, making the stock its 9th biggest position.

Several other institutional investors have also modified their holdings of the business. Bank of Montreal Can grew its stake in Franklin Senior Loan ETF by 15,546,958.8% during the 3rd quarter. Bank of Montreal Can now owns 2,643,000 shares of the company’s stock valued at $63,485,000 after purchasing an additional 2,642,983 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Franklin Senior Loan ETF by 142.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 846,007 shares of the company’s stock worth $20,324,000 after purchasing an additional 496,769 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Franklin Senior Loan ETF by 6,143.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 328,151 shares of the company’s stock worth $7,685,000 after purchasing an additional 322,895 shares during the last quarter. Bank of America Corp DE raised its position in shares of Franklin Senior Loan ETF by 2,338.8% in the 2nd quarter. Bank of America Corp DE now owns 188,688 shares of the company’s stock valued at $4,572,000 after purchasing an additional 180,951 shares in the last quarter. Finally, OLD Mission Capital LLC raised its position in shares of Franklin Senior Loan ETF by 2,080.4% in the 4th quarter. OLD Mission Capital LLC now owns 184,357 shares of the company’s stock valued at $4,318,000 after purchasing an additional 175,902 shares in the last quarter.

Franklin Senior Loan ETF Stock Performance

Franklin Senior Loan ETF stock opened at $22.90 on Friday. The stock has a 50 day moving average of $23.01 and a 200-day moving average of $23.17. Franklin Senior Loan ETF has a 52 week low of $22.57 and a 52 week high of $24.29.

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.