Allworth Financial LP Reduces Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Allworth Financial LP lowered its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 76.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,000 shares of the company’s stock after selling 3,319 shares during the period. Allworth Financial LP’s holdings in First Trust Senior Loan ETF were worth $46,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in shares of First Trust Senior Loan ETF by 3,386.8% in the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after buying an additional 330,043 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of First Trust Senior Loan ETF by 424.0% in the first quarter. Cetera Investment Advisers now owns 323,042 shares of the company’s stock worth $14,928,000 after buying an additional 261,397 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of First Trust Senior Loan ETF by 22.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 919,922 shares of the company’s stock worth $42,050,000 after buying an additional 166,180 shares during the last quarter. Brookstone Capital Management increased its stake in shares of First Trust Senior Loan ETF by 1,311.9% in the second quarter. Brookstone Capital Management now owns 165,350 shares of the company’s stock worth $7,638,000 after buying an additional 153,639 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new stake in shares of First Trust Senior Loan ETF in the first quarter worth $4,621,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ:FTSL opened at $45.98 on Friday. The company has a fifty day simple moving average of $46.04 and a 200 day simple moving average of $46.03. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a $0.29 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.57%.

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.