Sunbelt Securities Inc. Has $69,000 Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Sunbelt Securities Inc. cut its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 22.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,494 shares of the company’s stock after selling 432 shares during the period. Sunbelt Securities Inc.’s holdings in First Trust Senior Loan ETF were worth $69,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Flagstar Advisors Inc. grew its stake in First Trust Senior Loan ETF by 361.2% in the fourth quarter. Flagstar Advisors Inc. now owns 61,938 shares of the company’s stock valued at $2,854,000 after acquiring an additional 48,508 shares during the period. Principal Securities Inc. acquired a new stake in First Trust Senior Loan ETF in the 4th quarter valued at $522,000. Axxcess Wealth Management LLC increased its stake in First Trust Senior Loan ETF by 8.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 153,025 shares of the company’s stock valued at $7,050,000 after purchasing an additional 12,203 shares in the last quarter. PCG Wealth Advisors LLC raised its holdings in First Trust Senior Loan ETF by 5.9% during the fourth quarter. PCG Wealth Advisors LLC now owns 33,610 shares of the company’s stock worth $1,548,000 after buying an additional 1,874 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in shares of First Trust Senior Loan ETF by 54.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 75,493 shares of the company’s stock valued at $3,478,000 after buying an additional 26,692 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $45.71 on Monday. First Trust Senior Loan ETF has a one year low of $45.01 and a one year high of $46.99. The firm has a 50-day moving average of $46.08 and a 200-day moving average of $46.10.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.2875 dividend. The ex-dividend date was Thursday, June 27th.

First Trust Senior Loan ETF Company Profile

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.