Assetmark Inc. Sells 17,746 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Assetmark Inc. lessened its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 91.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,742 shares of the company’s stock after selling 17,746 shares during the period. Assetmark Inc.’s holdings in First Trust Senior Loan ETF were worth $80,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Trinity Legacy Partners LLC boosted its holdings in First Trust Senior Loan ETF by 54.1% during the third quarter. Trinity Legacy Partners LLC now owns 79,423 shares of the company’s stock worth $3,671,000 after buying an additional 27,875 shares during the last quarter. Financial Enhancement Group LLC boosted its holdings in First Trust Senior Loan ETF by 226.4% during the third quarter. Financial Enhancement Group LLC now owns 88,632 shares of the company’s stock worth $3,982,000 after buying an additional 61,475 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in First Trust Senior Loan ETF by 8.8% during the third quarter. Concurrent Investment Advisors LLC now owns 131,333 shares of the company’s stock worth $6,027,000 after buying an additional 10,612 shares during the last quarter. Moloney Securities Asset Management LLC boosted its holdings in First Trust Senior Loan ETF by 5.7% during the third quarter. Moloney Securities Asset Management LLC now owns 47,470 shares of the company’s stock worth $2,178,000 after buying an additional 2,539 shares during the last quarter. Finally, TrueWealth Advisors LLC boosted its holdings in First Trust Senior Loan ETF by 18.2% during the third quarter. TrueWealth Advisors LLC now owns 92,376 shares of the company’s stock worth $4,239,000 after buying an additional 14,227 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.2 %

NASDAQ FTSL opened at $46.44 on Tuesday. The stock’s 50-day moving average is $46.12 and its 200-day moving average is $46.04. First Trust Senior Loan ETF has a one year low of $45.01 and a one year high of $46.99.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were paid a $0.29 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a yield of 7.49%.

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.