TrueWealth Advisors LLC Sells 46,796 Shares of First Trust Senior Loan ETF $FTSL

TrueWealth Advisors LLC lessened its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 32.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,959 shares of the company’s stock after selling 46,796 shares during the period. First Trust Senior Loan ETF comprises 1.2% of TrueWealth Advisors LLC’s holdings, making the stock its 17th biggest holding. TrueWealth Advisors LLC owned approximately 0.19% of First Trust Senior Loan ETF worth $4,448,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 4.0% in the third quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock worth $71,655,000 after acquiring an additional 60,649 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of First Trust Senior Loan ETF by 7.2% during the 2nd quarter. First Trust Advisors LP now owns 1,200,153 shares of the company’s stock valued at $55,104,000 after purchasing an additional 80,291 shares during the last quarter. UBS Group AG grew its holdings in shares of First Trust Senior Loan ETF by 0.6% during the 3rd quarter. UBS Group AG now owns 783,248 shares of the company’s stock valued at $35,904,000 after purchasing an additional 4,411 shares during the last quarter. Flaharty Asset Management LLC increased its position in First Trust Senior Loan ETF by 4.7% during the 3rd quarter. Flaharty Asset Management LLC now owns 758,344 shares of the company’s stock worth $34,762,000 after purchasing an additional 34,377 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in First Trust Senior Loan ETF by 9.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 620,563 shares of the company’s stock worth $28,447,000 after purchasing an additional 53,338 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $44.86 on Friday. First Trust Senior Loan ETF has a one year low of $44.30 and a one year high of $46.19. The firm has a 50 day simple moving average of $45.31 and a 200 day simple moving average of $45.69.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were paid a $0.24 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Friday, February 20th.

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