Private Advisor Group LLC Lowers Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Private Advisor Group LLC trimmed its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 11.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,814 shares of the company’s stock after selling 8,359 shares during the quarter. Private Advisor Group LLC owned 0.14% of First Trust Senior Loan ETF worth $2,928,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbor Advisory Corp MA purchased a new position in First Trust Senior Loan ETF in the third quarter valued at approximately $289,000. Integrity Financial Corp WA lifted its holdings in shares of First Trust Senior Loan ETF by 0.6% during the 3rd quarter. Integrity Financial Corp WA now owns 84,548 shares of the company’s stock valued at $3,880,000 after acquiring an additional 507 shares in the last quarter. Cyndeo Wealth Partners LLC increased its holdings in First Trust Senior Loan ETF by 4.3% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 364,394 shares of the company’s stock valued at $16,722,000 after purchasing an additional 15,007 shares in the last quarter. New Century Financial Group LLC purchased a new position in First Trust Senior Loan ETF in the third quarter valued at about $368,000. Finally, Key Client Fiduciary Advisors LLC lifted its stake in shares of First Trust Senior Loan ETF by 1.3% during the third quarter. Key Client Fiduciary Advisors LLC now owns 42,142 shares of the company’s stock worth $1,934,000 after purchasing an additional 553 shares in the last quarter.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of NASDAQ FTSL opened at $46.01 on Tuesday. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99. The business has a 50-day moving average of $46.04 and a 200-day moving average of $46.03.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd will be issued a $0.29 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date of this dividend is Tuesday, October 22nd.

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.