J.W. Cole Advisors Inc. Lowers Position in First Trust Senior Loan ETF $FTSL

J.W. Cole Advisors Inc. decreased its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 76,013 shares of the company’s stock after selling 2,072 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.15% of First Trust Senior Loan ETF worth $3,488,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FTSL. LPL Financial LLC lifted its stake in First Trust Senior Loan ETF by 3.0% in the 1st quarter. LPL Financial LLC now owns 1,976,404 shares of the company’s stock worth $90,223,000 after purchasing an additional 57,023 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of First Trust Senior Loan ETF by 6.4% during the first quarter. Raymond James Financial Inc. now owns 1,539,336 shares of the company’s stock valued at $70,271,000 after purchasing an additional 92,034 shares in the last quarter. Flaharty Asset Management LLC increased its holdings in shares of First Trust Senior Loan ETF by 1.1% in the second quarter. Flaharty Asset Management LLC now owns 723,967 shares of the company’s stock worth $33,223,000 after purchasing an additional 8,215 shares during the last quarter. Welch & Forbes LLC lifted its position in shares of First Trust Senior Loan ETF by 3.3% in the second quarter. Welch & Forbes LLC now owns 682,178 shares of the company’s stock worth $31,305,000 after buying an additional 21,844 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in shares of First Trust Senior Loan ETF by 9.8% in the first quarter. Kovitz Investment Group Partners LLC now owns 641,010 shares of the company’s stock worth $29,262,000 after buying an additional 57,021 shares in the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL opened at $45.88 on Thursday. First Trust Senior Loan ETF has a 1-year low of $44.30 and a 1-year high of $46.55. The business has a 50 day simple moving average of $45.85 and a two-hundred day simple moving average of $45.92.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 21st will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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.