Flaharty Asset Management LLC Sells 735,135 Shares of First Trust Senior Loan ETF $FTSL

Flaharty Asset Management LLC lowered its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 91.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,936 shares of the company’s stock after selling 735,135 shares during the quarter. First Trust Senior Loan ETF comprises 4.2% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Flaharty Asset Management LLC owned about 0.13% of First Trust Senior Loan ETF worth $2,911,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FTSL. Triumph Capital Management acquired a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at about $26,000. Raleigh Capital Management Inc. bought a new stake in shares of First Trust Senior Loan ETF during the 1st quarter valued at about $30,000. Smartleaf Asset Management LLC acquired a new stake in First Trust Senior Loan ETF during the fourth quarter worth approximately $30,000. Sound Income Strategies LLC grew its stake in First Trust Senior Loan ETF by 140.3% during the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock worth $46,000 after purchasing an additional 599 shares during the period. Finally, TD Private Client Wealth LLC bought a new stake in First Trust Senior Loan ETF in the fourth quarter worth approximately $48,000.

First Trust Senior Loan ETF Trading Up 0.1%

Shares of FTSL stock opened at $44.92 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.15. The stock has a 50 day simple moving average of $44.87 and a two-hundred day simple moving average of $45.03.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a $0.225 dividend. The ex-dividend date was Tuesday, July 21st. This represents a c) annualized dividend and a dividend yield of 6.0%.

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.