First Trust Senior Loan ETF $FTSL Stake Trimmed by Little Harbor Advisors LLC

Little Harbor Advisors LLC lowered its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 9.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 113,261 shares of the company’s stock after selling 11,275 shares during the period. First Trust Senior Loan ETF comprises approximately 2.7% of Little Harbor Advisors LLC’s holdings, making the stock its 6th largest position. Little Harbor Advisors LLC owned 0.22% of First Trust Senior Loan ETF worth $5,196,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FTSL. Plotkin Financial Advisors LLC grew its holdings in First Trust Senior Loan ETF by 12.9% during the 4th quarter. Plotkin Financial Advisors LLC now owns 25,640 shares of the company’s stock valued at $1,176,000 after buying an additional 2,923 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in First Trust Senior Loan ETF during the fourth quarter valued at $923,000. Virtue Capital Management LLC grew its holdings in First Trust Senior Loan ETF by 3,790.6% during the 4th quarter. Virtue Capital Management LLC now owns 688,784 shares of the company’s stock valued at $31,622,000 after purchasing an additional 671,080 shares during the last quarter. CacheTech Inc. grew its stake in shares of First Trust Senior Loan ETF by 8.4% during the fourth quarter. CacheTech Inc. now owns 161,723 shares of the company’s stock valued at $7,420,000 after buying an additional 12,554 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in First Trust Senior Loan ETF by 5.4% in the 4th quarter. NewEdge Advisors LLC now owns 307,637 shares of the company’s stock valued at $14,114,000 after acquiring an additional 15,849 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock opened at $45.00 on Friday. The company’s 50-day simple moving average is $45.04 and its two-hundred day simple moving average is $45.30. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were issued a $0.235 dividend. The ex-dividend date was Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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.