Sigma Planning Corp Sells 8,374 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Sigma Planning Corp reduced its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 47.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,419 shares of the company’s stock after selling 8,374 shares during the period. Sigma Planning Corp’s holdings in First Trust Senior Loan ETF were worth $434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. CWM LLC grew its position in First Trust Senior Loan ETF by 35.2% during the fourth quarter. CWM LLC now owns 287,502 shares of the company’s stock valued at $13,245,000 after acquiring an additional 74,921 shares during the last quarter. Western Wealth Management LLC grew its position in First Trust Senior Loan ETF by 8.6% during the fourth quarter. Western Wealth Management LLC now owns 53,923 shares of the company’s stock valued at $2,484,000 after acquiring an additional 4,281 shares during the last quarter. Aurora Private Wealth Inc. grew its position in First Trust Senior Loan ETF by 20.4% during the fourth quarter. Aurora Private Wealth Inc. now owns 64,051 shares of the company’s stock valued at $2,951,000 after acquiring an additional 10,867 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in First Trust Senior Loan ETF by 11.3% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 32,639 shares of the company’s stock valued at $1,504,000 after acquiring an additional 3,319 shares during the last quarter. Finally, PCG Wealth Advisors LLC grew its holdings in shares of First Trust Senior Loan ETF by 5.9% in the fourth quarter. PCG Wealth Advisors LLC now owns 33,610 shares of the company’s stock worth $1,548,000 after purchasing an additional 1,874 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock opened at $46.03 on Friday. First Trust Senior Loan ETF has a 52-week low of $44.53 and a 52-week high of $46.99. The company’s 50 day moving average price is $46.18 and its 200-day moving average price is $45.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th will be issued a $0.295 dividend. This represents a $3.54 annualized dividend and a dividend yield of 7.69%. The ex-dividend date of this dividend is Tuesday, April 23rd.

First Trust Senior Loan ETF Company 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.