SageView Advisory Group LLC Sells 428 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

SageView Advisory Group LLC lessened its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,983 shares of the company’s stock after selling 428 shares during the period. SageView Advisory Group LLC owned 0.16% of First Trust Senior Loan ETF worth $3,534,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. International Assets Investment Management LLC grew its stake in shares of First Trust Senior Loan ETF by 3,740.3% in the 4th quarter. International Assets Investment Management LLC now owns 452,585 shares of the company’s stock worth $20,851,000 after buying an additional 440,800 shares during the last quarter. Wright Fund Management LLC bought a new stake in First Trust Senior Loan ETF in the third quarter worth $11,421,000. Hikari Tsushin Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the fourth quarter worth $9,550,000. Raymond James Financial Services Advisors Inc. increased its holdings in shares of First Trust Senior Loan ETF by 27.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 921,265 shares of the company’s stock valued at $42,443,000 after acquiring an additional 199,059 shares in the last quarter. Finally, Tower Wealth Partners Inc. purchased a new position in shares of First Trust Senior Loan ETF in the 4th quarter worth about $8,841,000.

First Trust Senior Loan ETF Trading Down 0.4 %

Shares of First Trust Senior Loan ETF stock opened at $45.97 on Monday. First Trust Senior Loan ETF has a 1 year low of $45.01 and a 1 year high of $46.99. The firm’s 50-day moving average is $46.13 and its 200 day moving average is $46.10.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd were paid a $0.2925 dividend. The ex-dividend date was Tuesday, May 21st.

About First Trust Senior Loan ETF

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities.