First Trust Advisors LP Trims Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

First Trust Advisors LP decreased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 29.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 283,019 shares of the company’s stock after selling 119,315 shares during the period. First Trust Advisors LP owned about 0.83% of First Trust Senior Loan ETF worth $13,330,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in First Trust Senior Loan ETF by 12.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 14,528 shares of the company’s stock valued at $662,000 after acquiring an additional 1,585 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of First Trust Senior Loan ETF by 7.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 96,637 shares of the company’s stock worth $4,552,000 after purchasing an additional 6,836 shares in the last quarter. Strategic Wealth Advisors Group LLC bought a new position in shares of First Trust Senior Loan ETF during the fourth quarter worth $502,000. Advisory Resource Group bought a new stake in First Trust Senior Loan ETF in the 4th quarter valued at $935,000. Finally, Capital Financial Planning LLC bought a new stake in First Trust Senior Loan ETF in the 4th quarter valued at $185,000.

FTSL traded down $0.11 during trading on Wednesday, hitting $47.28. The company had a trading volume of 139,727 shares, compared to its average volume of 236,250. First Trust Senior Loan ETF has a one year low of $45.32 and a one year high of $48.16. The stock has a 50-day moving average of $47.49.

The company also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $2.10 annualized dividend and a dividend yield of 4.44%.

Featured Article: What is the market perform rating?

Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

Receive News & Ratings for First Trust Senior Loan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Senior Loan ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply