Prudential PLC Sells 2,300 Shares of First Trust Senior Loan ETF $FTSL

Prudential PLC trimmed its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,450 shares of the company’s stock after selling 2,300 shares during the period. Prudential PLC owned approximately 0.13% of First Trust Senior Loan ETF worth $3,095,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of First Trust Senior Loan ETF by 22.4% during the fourth quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock valued at $271,000 after acquiring an additional 1,073 shares in the last quarter. PFG Advisors grew its position in First Trust Senior Loan ETF by 9.3% in the 1st quarter. PFG Advisors now owns 7,910 shares of the company’s stock valued at $361,000 after purchasing an additional 672 shares during the period. Wedbush Securities Inc. grew its position in First Trust Senior Loan ETF by 62.9% in the 1st quarter. Wedbush Securities Inc. now owns 12,718 shares of the company’s stock valued at $581,000 after purchasing an additional 4,911 shares during the period. AE Wealth Management LLC increased its stake in First Trust Senior Loan ETF by 34.5% during the 1st quarter. AE Wealth Management LLC now owns 14,825 shares of the company’s stock valued at $677,000 after purchasing an additional 3,799 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in First Trust Senior Loan ETF by 60.2% during the first quarter. Cetera Investment Advisers now owns 424,613 shares of the company’s stock worth $19,384,000 after buying an additional 159,525 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 0.5%

First Trust Senior Loan ETF stock opened at $45.72 on Friday. The firm’s fifty day moving average price is $45.87 and its two-hundred day moving average price is $45.92. First Trust Senior Loan ETF has a 1-year low of $44.30 and a 1-year high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 21st will be paid a dividend of $0.24 per share. The ex-dividend date is Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 6.3%.

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.