J.W. Cole Advisors Inc. Sells 47,948 Shares of First Trust Senior Loan ETF $FTSL

J.W. Cole Advisors Inc. lowered its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 66.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,613 shares of the company’s stock after selling 47,948 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in First Trust Senior Loan ETF were worth $1,118,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. New England Private Wealth Advisors LLC boosted its stake in First Trust Senior Loan ETF by 2,022.3% in the 4th quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock worth $81,455,000 after purchasing an additional 1,691,007 shares during the period. Raymond James Financial Inc. boosted its stake in First Trust Senior Loan ETF by 4.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock worth $71,655,000 after purchasing an additional 60,649 shares during the period. One Capital Management LLC boosted its stake in First Trust Senior Loan ETF by 11.3% in the 4th quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock worth $57,949,000 after purchasing an additional 128,141 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust Senior Loan ETF by 7,657.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock worth $44,125,000 after purchasing an additional 886,682 shares during the period. Finally, UBS Group AG boosted its stake in First Trust Senior Loan ETF by 4.1% in the 4th quarter. UBS Group AG now owns 815,183 shares of the company’s stock worth $37,401,000 after purchasing an additional 31,935 shares during the period.

First Trust Senior Loan ETF Trading Down 0.1%

Shares of FTSL opened at $44.91 on Wednesday. The stock has a 50-day moving average price of $45.02 and a 200-day moving average price of $45.34. First Trust Senior Loan ETF has a 12-month low of $44.37 and a 12-month high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were given a dividend of $0.235 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Thursday, May 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. FTSL was launched on May 1, 2013 and is managed by First Trust.