Willner & Heller LLC Trims Stock Holdings in First Trust Senior Loan ETF $FTSL

Willner & Heller LLC trimmed its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 11.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,973 shares of the company’s stock after selling 1,051 shares during the period. Willner & Heller LLC’s holdings in First Trust Senior Loan ETF were worth $366,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. AdvisorNet Financial Inc purchased a new position in shares of First Trust Senior Loan ETF during the second quarter worth approximately $45,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of First Trust Senior Loan ETF by 459.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock worth $71,000 after acquiring an additional 1,274 shares during the period. First Pacific Financial purchased a new position in shares of First Trust Senior Loan ETF during the first quarter worth approximately $83,000. Sunbelt Securities Inc. increased its position in shares of First Trust Senior Loan ETF by 25.0% during the first quarter. Sunbelt Securities Inc. now owns 2,325 shares of the company’s stock worth $106,000 after acquiring an additional 465 shares during the period. Finally, Financial Network Wealth Advisors LLC purchased a new position in shares of First Trust Senior Loan ETF during the first quarter worth approximately $138,000.

First Trust Senior Loan ETF Stock Up 0.1%

Shares of NASDAQ:FTSL opened at $45.88 on Friday. The firm’s 50 day simple moving average is $45.98 and its 200-day simple moving average is $45.83. First Trust Senior Loan ETF has a one year low of $44.30 and a one year high of $46.55.

First Trust Senior Loan ETF Announces Dividend

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

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.