First Trust Advisors LP Sells 46,461 Shares of First Trust Senior Loan ETF $FTSL

First Trust Advisors LP cut its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,153,692 shares of the company’s stock after selling 46,461 shares during the quarter. First Trust Advisors LP owned about 2.25% of First Trust Senior Loan ETF worth $52,870,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its position in First Trust Senior Loan ETF by 2,111,777.8% during the second quarter. Tower Research Capital LLC TRC now owns 190,069 shares of the company’s stock worth $8,722,000 after purchasing an additional 190,060 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the 1st quarter worth about $5,254,000. Quadrature Capital Ltd acquired a new stake in shares of First Trust Senior Loan ETF during the 2nd quarter worth about $4,801,000. Jane Street Group LLC boosted its holdings in shares of First Trust Senior Loan ETF by 36.9% during the 2nd quarter. Jane Street Group LLC now owns 330,940 shares of the company’s stock worth $15,187,000 after buying an additional 89,151 shares during the period. Finally, Andina Capital Management LLC acquired a new position in First Trust Senior Loan ETF in the 3rd quarter valued at about $3,524,000.

First Trust Senior Loan ETF Price Performance

First Trust Senior Loan ETF stock opened at $44.99 on Thursday. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.19. The company’s 50-day moving average price is $45.45 and its two-hundred day moving average price is $45.74.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a $0.24 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 6.4%.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.