Wedbush Securities Inc. Lowers Stock Position in First Trust Senior Loan ETF $FTSL

Wedbush Securities Inc. cut its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,478 shares of the company’s stock after selling 2,240 shares during the quarter. Wedbush Securities Inc.’s holdings in First Trust Senior Loan ETF were worth $481,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Sachetta LLC boosted its stake in shares of First Trust Senior Loan ETF by 293.4% in the 2nd quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after buying an additional 575 shares during the last quarter. GoalVest Advisory LLC bought a new stake in First Trust Senior Loan ETF during the second quarter worth $43,000. AdvisorNet Financial Inc bought a new stake in First Trust Senior Loan ETF during the second quarter worth $45,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in First Trust Senior Loan ETF by 459.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock worth $71,000 after purchasing an additional 1,274 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in First Trust Senior Loan ETF in the 1st quarter valued at $138,000.

First Trust Senior Loan ETF Stock Down 0.0%

Shares of First Trust Senior Loan ETF stock opened at $45.93 on Wednesday. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.55. The stock has a fifty day moving average price of $45.88 and a 200-day moving average price of $45.91.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, October 21st were issued a dividend of $0.245 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Tuesday, October 21st.

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.