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

SHP Wealth Management bought a new stake in shares of Franklin Senior Loan ETF (BATS:FLBL) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 1,183,326 shares of the company’s stock, valued at approximately $27,713,000. Franklin Senior Loan ETF accounts for 2.2% of SHP Wealth Management’s holdings, making the stock its 9th biggest position. SHP Wealth Management owned 2.64% of Franklin Senior Loan ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in Franklin Senior Loan ETF in the 1st quarter worth approximately $1,849,000. Geneos Wealth Management Inc. raised its stake in shares of Franklin Senior Loan ETF by 218.8% during the first quarter. Geneos Wealth Management Inc. now owns 2,550 shares of the company’s stock valued at $61,000 after purchasing an additional 1,750 shares during the period. Sei Investments Co. purchased a new stake in shares of Franklin Senior Loan ETF during the second quarter valued at approximately $517,000. Raymond James Financial Inc. lifted its position in shares of Franklin Senior Loan ETF by 19.6% during the second quarter. Raymond James Financial Inc. now owns 442,558 shares of the company’s stock worth $10,723,000 after purchasing an additional 72,575 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Franklin Senior Loan ETF by 2,338.8% during the second quarter. Bank of America Corp DE now owns 188,688 shares of the company’s stock worth $4,572,000 after purchasing an additional 180,951 shares in the last quarter.

Franklin Senior Loan ETF Stock Performance

Shares of FLBL stock opened at $22.90 on Friday. The firm has a fifty day simple moving average of $23.01 and a 200-day simple moving average of $23.17. Franklin Senior Loan ETF has a twelve month low of $22.57 and a twelve month 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.