NewEdge Advisors LLC Sells 52,656 Shares of First Trust Senior Loan ETF $FTSL

NewEdge Advisors LLC trimmed its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 254,981 shares of the company’s stock after selling 52,656 shares during the quarter. NewEdge Advisors LLC owned 0.51% of First Trust Senior Loan ETF worth $11,423,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Triumph Capital Management purchased a new stake in First Trust Senior Loan ETF during the third quarter valued at approximately $26,000. Raleigh Capital Management Inc. purchased a new position in shares of First Trust Senior Loan ETF in the 1st quarter worth approximately $30,000. Smartleaf Asset Management LLC purchased a new position in shares of First Trust Senior Loan ETF in the 4th quarter worth approximately $30,000. Sound Income Strategies LLC increased its position in shares of First Trust Senior Loan ETF by 140.3% during the 1st quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after purchasing an additional 599 shares during the last quarter. Finally, TD Private Client Wealth LLC bought a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at approximately $48,000.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL opened at $44.92 on Monday. The business has a fifty day moving average of $44.87 and a 200 day moving average of $45.02. 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 announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were issued a $0.225 dividend. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Tuesday, July 21st.

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.