First Trust Senior Loan ETF $FTSL Shares Sold by Little Harbor Advisors LLC

Little Harbor Advisors LLC cut its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 124,536 shares of the company’s stock after selling 26,569 shares during the quarter. First Trust Senior Loan ETF makes up approximately 2.9% of Little Harbor Advisors LLC’s portfolio, making the stock its 7th largest holding. Little Harbor Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $5,709,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in First Trust Senior Loan ETF by 10.5% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 172,645 shares of the company’s stock valued at $7,914,000 after buying an additional 16,409 shares in the last quarter. Assetmark Inc. increased its position in First Trust Senior Loan ETF by 114.7% during the third quarter. Assetmark Inc. now owns 93,582 shares of the company’s stock worth $4,290,000 after buying an additional 49,990 shares in the last quarter. Algorithmic Investment Models LLC acquired a new position in shares of First Trust Senior Loan ETF in the third quarter worth $2,456,000. Western Wealth Management LLC raised its holdings in shares of First Trust Senior Loan ETF by 11.0% in the second quarter. Western Wealth Management LLC now owns 17,414 shares of the company’s stock worth $799,000 after acquiring an additional 1,732 shares during the last quarter. Finally, Mayflower Financial Advisors LLC purchased a new stake in shares of First Trust Senior Loan ETF in the third quarter valued at $879,000.

First Trust Senior Loan ETF Stock Up 0.2%

FTSL opened at $45.02 on Wednesday. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.19. The business’s fifty day simple moving average is $45.37 and its 200 day simple moving average is $45.71.

First Trust Senior Loan ETF Announces Dividend

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

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