First Trust Senior Loan ETF $FTSL Shares Sold by Royal Bank of Canada

Royal Bank of Canada lowered its stake in First Trust Senior Loan ETF (NASDAQ:FTSLFree Report) by 7.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,432,868 shares of the company’s stock after selling 117,817 shares during the period. Royal Bank of Canada’s holdings in First Trust Senior Loan ETF were worth $64,192,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Triumph Capital Management acquired a new position in First Trust Senior Loan ETF in the third quarter worth about $26,000. Raleigh Capital Management Inc. bought a new stake in First Trust Senior Loan ETF in the first quarter valued at about $30,000. Smartleaf Asset Management LLC acquired a new stake in First Trust Senior Loan ETF during the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC raised its stake in First Trust Senior Loan ETF by 140.3% during the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after buying an additional 599 shares in the last quarter. Finally, TD Private Client Wealth LLC acquired a new stake in First Trust Senior Loan ETF during the fourth quarter valued at approximately $48,000.

First Trust Senior Loan ETF Stock Up 0.1%

NASDAQ:FTSL opened at $44.83 on Friday. The business’s 50 day moving average is $44.88 and its two-hundred day moving average is $45.07. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.15.

First Trust Senior Loan ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were paid a dividend of $0.225 per share. The ex-dividend date was Tuesday, July 21st. This represents a c) annualized dividend and a yield of 6.0%.

About First Trust Senior Loan ETF

(Free Report)

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. FTSL was launched on May 1, 2013 and is managed by First Trust.

Further Reading

Want to see what other hedge funds are holding FTSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Senior Loan ETF (NASDAQ:FTSLFree Report).

Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

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