First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. reduced its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,254 shares of the company’s stock after selling 1,202 shares during the quarter. Ifrah Financial Services Inc. owned approximately 0.09% of First Trust Senior Loan ETF worth $1,947,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FTSL. Whittier Trust Co. acquired a new position in shares of First Trust Senior Loan ETF during the 4th quarter worth about $36,000. Consultiva Wealth Management CORP. purchased a new position in First Trust Senior Loan ETF in the third quarter valued at approximately $99,000. Provence Wealth Management Group acquired a new stake in First Trust Senior Loan ETF during the third quarter worth approximately $123,000. NBC Securities Inc. purchased a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $162,000. Finally, Concorde Asset Management LLC acquired a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $293,000.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of NASDAQ FTSL traded up $0.05 during mid-day trading on Friday, reaching $46.16. The company had a trading volume of 279,462 shares, compared to its average volume of 318,151. The firm has a 50 day simple moving average of $46.18 and a two-hundred day simple moving average of $46.01. First Trust Senior Loan ETF has a 52-week low of $44.53 and a 52-week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th were issued a dividend of $0.295 per share. This represents a $3.54 annualized dividend and a dividend yield of 7.67%. The ex-dividend date was Tuesday, April 23rd.

About First Trust Senior Loan ETF

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.