Moloney Securities Asset Management LLC Reduces Stock Position in First Trust Senior Loan ETF $FTSL

Moloney Securities Asset Management LLC trimmed its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 56.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,960 shares of the company’s stock after selling 25,045 shares during the period. Moloney Securities Asset Management LLC’s holdings in First Trust Senior Loan ETF were worth $869,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of FTSL. Columbia Advisory Partners LLC increased its stake in First Trust Senior Loan ETF by 3.1% in the 3rd quarter. Columbia Advisory Partners LLC now owns 8,242 shares of the company’s stock valued at $378,000 after purchasing an additional 244 shares in the last quarter. Uptick Partners LLC increased its position in shares of First Trust Senior Loan ETF by 2.8% in the second quarter. Uptick Partners LLC now owns 9,903 shares of the company’s stock valued at $454,000 after buying an additional 271 shares in the last quarter. Private Trust Co. NA increased its position in shares of First Trust Senior Loan ETF by 2.7% in the second quarter. Private Trust Co. NA now owns 10,548 shares of the company’s stock valued at $484,000 after buying an additional 278 shares in the last quarter. Bank of Montreal Can raised its stake in shares of First Trust Senior Loan ETF by 1.4% during the 2nd quarter. Bank of Montreal Can now owns 19,638 shares of the company’s stock worth $901,000 after buying an additional 278 shares during the last quarter. Finally, Coppell Advisory Solutions LLC raised its stake in shares of First Trust Senior Loan ETF by 0.9% during the 2nd quarter. Coppell Advisory Solutions LLC now owns 42,441 shares of the company’s stock worth $1,948,000 after buying an additional 368 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $45.35 on Friday. The company’s 50-day moving average price is $45.85 and its 200 day moving average price is $45.89. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.30.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were given a $0.24 dividend. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 6.4%.

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.