First Trust Senior Loan ETF (NASDAQ:FTSL) Holdings Trimmed by NewEdge Wealth LLC

NewEdge Wealth LLC lowered its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 7.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,798 shares of the company’s stock after selling 2,495 shares during the period. NewEdge Wealth LLC’s holdings in First Trust Senior Loan ETF were worth $1,373,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Whittier Trust Co. acquired a new position in shares of First Trust Senior Loan ETF in the 4th quarter valued at $36,000. PNC Financial Services Group Inc. boosted its position in shares of First Trust Senior Loan ETF by 74.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 802 shares of the company’s stock valued at $38,000 after purchasing an additional 342 shares during the period. CENTRAL TRUST Co boosted its position in shares of First Trust Senior Loan ETF by 104.0% in the 3rd quarter. CENTRAL TRUST Co now owns 2,046 shares of the company’s stock valued at $90,000 after purchasing an additional 1,043 shares during the period. Consultiva Wealth Management CORP. acquired a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $99,000. Finally, Sunbelt Securities Inc. purchased a new stake in First Trust Senior Loan ETF in the 1st quarter worth about $122,000.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $46.17 on Tuesday. The stock has a 50-day moving average price of $46.17 and a 200 day moving average price of $45.97. First Trust Senior Loan ETF has a 1 year low of $44.53 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.30 dividend. This represents a $3.60 annualized dividend and a yield of 7.80%. The ex-dividend date was Thursday, March 21st.

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.