ShoreHaven Wealth Partners LLC Trims Stock Position in First Trust Senior Loan ETF $FTSL

ShoreHaven Wealth Partners LLC trimmed its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 13.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 31,872 shares of the company’s stock after selling 4,870 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in First Trust Senior Loan ETF were worth $1,463,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Sachetta LLC increased its holdings in shares of First Trust Senior Loan ETF by 293.4% during the 2nd quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after buying an additional 575 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in First Trust Senior Loan ETF in the second quarter worth approximately $45,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in First Trust Senior Loan ETF by 459.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock worth $71,000 after acquiring an additional 1,274 shares during the last quarter. First Pacific Financial purchased a new stake in First Trust Senior Loan ETF in the first quarter valued at $83,000. Finally, Sunbelt Securities Inc. raised its position in First Trust Senior Loan ETF by 25.0% in the first quarter. Sunbelt Securities Inc. now owns 2,325 shares of the company’s stock valued at $106,000 after purchasing an additional 465 shares during the period.

First Trust Senior Loan ETF Trading Up 0.1%

NASDAQ FTSL opened at $45.79 on Friday. The stock has a fifty day simple moving average of $45.95 and a 200-day simple moving average of $45.83. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.55.

First Trust Senior Loan ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.245 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend was Thursday, September 25th.

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.