Prevail Innovative Wealth Advisors LLC Grows Holdings in Franklin Senior Loan ETF $FLBL

Prevail Innovative Wealth Advisors LLC grew its holdings in shares of Franklin Senior Loan ETF (BATS:FLBL) by 10.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 737,366 shares of the company’s stock after buying an additional 68,129 shares during the quarter. Franklin Senior Loan ETF accounts for about 3.4% of Prevail Innovative Wealth Advisors LLC’s holdings, making the stock its biggest position. Prevail Innovative Wealth Advisors LLC’s holdings in Franklin Senior Loan ETF were worth $17,712,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. New York Life Investment Management LLC raised its holdings in shares of Franklin Senior Loan ETF by 38.3% in the 3rd quarter. New York Life Investment Management LLC now owns 3,612,159 shares of the company’s stock worth $86,764,000 after acquiring an additional 999,969 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Franklin Senior Loan ETF by 0.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,370,039 shares of the company’s stock worth $56,928,000 after purchasing an additional 13,289 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Franklin Senior Loan ETF by 5.2% in the third quarter. Envestnet Asset Management Inc. now owns 790,261 shares of the company’s stock worth $18,982,000 after purchasing an additional 39,351 shares during the last quarter. WealthPlan Investment Management LLC raised its stake in shares of Franklin Senior Loan ETF by 2.0% in the third quarter. WealthPlan Investment Management LLC now owns 750,272 shares of the company’s stock worth $18,022,000 after purchasing an additional 14,625 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Franklin Senior Loan ETF by 41.5% in the second quarter. Osaic Holdings Inc. now owns 562,712 shares of the company’s stock valued at $13,627,000 after purchasing an additional 164,980 shares in the last quarter.

Franklin Senior Loan ETF Stock Down 0.1%

Shares of BATS:FLBL opened at $22.84 on Friday. Franklin Senior Loan ETF has a 12-month low of $22.57 and a 12-month high of $24.29. The business’s 50 day moving average is $23.25 and its 200 day moving average is $23.64.

Franklin Senior Loan ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1277 per share. This is a boost from Franklin Senior Loan ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.7%.

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.