IVC Wealth Advisors LLC Cuts Stake in First Trust Senior Loan ETF $FTSL

IVC Wealth Advisors LLC decreased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,600 shares of the company’s stock after selling 880 shares during the period. IVC Wealth Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $441,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FTSL. Jane Street Group LLC purchased a new stake in shares of First Trust Senior Loan ETF in the 1st quarter valued at $11,038,000. Cetera Investment Advisers boosted its stake in shares of First Trust Senior Loan ETF by 60.2% in the 1st quarter. Cetera Investment Advisers now owns 424,613 shares of the company’s stock valued at $19,384,000 after purchasing an additional 159,525 shares in the last quarter. CNO Financial Group Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the 1st quarter valued at $6,939,000. Exchange Traded Concepts LLC purchased a new stake in shares of First Trust Senior Loan ETF in the 2nd quarter valued at $6,286,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the 1st quarter valued at $5,254,000.

First Trust Senior Loan ETF Stock Up 0.1%

Shares of First Trust Senior Loan ETF stock opened at $45.88 on Friday. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.55. The company has a fifty day moving average of $45.98 and a 200-day moving average of $45.83.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.245 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) annualized dividend and a yield of 6.4%.

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.