First Trust Senior Loan ETF $FTSL Shares Sold by Flaharty Asset Management LLC

Flaharty Asset Management LLC cut its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 91.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 64,936 shares of the company’s stock after selling 735,135 shares during the period. First Trust Senior Loan ETF makes up approximately 4.2% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Flaharty Asset Management LLC’s holdings in First Trust Senior Loan ETF were worth $2,911,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. New England Private Wealth Advisors LLC raised its holdings in shares of First Trust Senior Loan ETF by 2,022.3% in the 4th quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock worth $81,455,000 after acquiring an additional 1,691,007 shares during the last quarter. Raymond James Financial Inc. boosted its stake in First Trust Senior Loan ETF by 4.0% during the 3rd quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock valued at $71,655,000 after purchasing an additional 60,649 shares during the last quarter. Royal Bank of Canada increased its holdings in First Trust Senior Loan ETF by 1.6% during the 4th quarter. Royal Bank of Canada now owns 1,550,685 shares of the company’s stock worth $71,145,000 after purchasing an additional 25,058 shares in the last quarter. First Trust Advisors LP increased its holdings in First Trust Senior Loan ETF by 15.7% during the 1st quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock worth $57,097,000 after purchasing an additional 173,354 shares in the last quarter. Finally, One Capital Management LLC increased its holdings in First Trust Senior Loan ETF by 11.3% during the 4th quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock worth $57,949,000 after purchasing an additional 128,141 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $44.92 on Friday. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.15. The business has a 50 day moving average price of $44.87 and a 200-day moving average price of $45.03.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a dividend of $0.225 per share. The ex-dividend date was Tuesday, July 21st. This represents a c) annualized dividend and a yield of 6.0%.

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.