Private Advisor Group LLC Has $4.85 Million Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Private Advisor Group LLC trimmed its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,113 shares of the company’s stock after selling 2,929 shares during the quarter. Private Advisor Group LLC owned about 0.23% of First Trust Senior Loan ETF worth $4,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealthfront Advisers LLC raised its stake in First Trust Senior Loan ETF by 27.7% during the 1st quarter. Wealthfront Advisers LLC now owns 5,823 shares of the company’s stock worth $263,000 after buying an additional 1,264 shares during the period. First Heartland Consultants Inc. raised its stake in First Trust Senior Loan ETF by 13.9% during the 2nd quarter. First Heartland Consultants Inc. now owns 55,638 shares of the company’s stock worth $2,520,000 after buying an additional 6,798 shares during the period. Foundations Investment Advisors LLC raised its stake in First Trust Senior Loan ETF by 35.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 55,748 shares of the company’s stock worth $2,525,000 after buying an additional 14,648 shares during the period. Oppenheimer & Co. Inc. raised its stake in First Trust Senior Loan ETF by 8.9% during the 1st quarter. Oppenheimer & Co. Inc. now owns 64,606 shares of the company’s stock worth $2,923,000 after buying an additional 5,303 shares during the period. Finally, Chicago Partners Investment Group LLC raised its stake in First Trust Senior Loan ETF by 6.4% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 116,581 shares of the company’s stock worth $5,296,000 after buying an additional 7,034 shares during the period.

First Trust Senior Loan ETF Price Performance

FTSL stock opened at $45.89 on Friday. The stock’s 50 day simple moving average is $45.73 and its 200 day simple moving average is $45.47. First Trust Senior Loan ETF has a fifty-two week low of $44.36 and a fifty-two week high of $46.10.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, October 31st. Investors of record on Wednesday, October 25th were paid a dividend of $0.295 per share. This represents a $3.54 dividend on an annualized basis and a yield of 7.71%. The ex-dividend date was Tuesday, October 24th.

First Trust Senior Loan ETF 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.