First Trust Senior Loan ETF $FTSL Stock Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC lowered its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 345,999 shares of the company’s stock after selling 13,185 shares during the period. First Trust Senior Loan ETF accounts for about 3.1% of Fairvoy Private Wealth LLC’s holdings, making the stock its 6th largest holding. Fairvoy Private Wealth LLC owned 0.62% of First Trust Senior Loan ETF worth $15,421,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Concurrent Investment Advisors LLC raised its stake in First Trust Senior Loan ETF by 107.3% during the second quarter. Concurrent Investment Advisors LLC now owns 593,455 shares of the company’s stock valued at $26,557,000 after buying an additional 307,204 shares during the last quarter. First Trust Advisors LP grew its stake in shares of First Trust Senior Loan ETF by 15.7% in the first quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock worth $57,097,000 after acquiring an additional 173,354 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of First Trust Senior Loan ETF by 16,467.1% in the second quarter. CoreCap Advisors LLC now owns 142,146 shares of the company’s stock worth $6,361,000 after acquiring an additional 141,288 shares during the last quarter. Sacks & Associates LLC purchased a new stake in shares of First Trust Senior Loan ETF in the third quarter worth $4,677,000. Finally, Concorde Asset Management LLC bought a new position in shares of First Trust Senior Loan ETF during the first quarter valued at $3,278,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL traded up $0.01 on Monday, hitting $44.57. 529,791 shares of the company traded hands, compared to its average volume of 303,308. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.09. The stock has a 50 day simple moving average of $44.81 and a 200-day simple moving average of $44.90.

First Trust Senior Loan ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.2250 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.70 dividend on an annualized basis and a yield of 6.1%.

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.