Ifrah Financial Services Inc. Sells 168,061 Shares of First Trust Senior Loan ETF $FTSL

Ifrah Financial Services Inc. lowered its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 80.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 40,752 shares of the company’s stock after selling 168,061 shares during the period. Ifrah Financial Services Inc.’s holdings in First Trust Senior Loan ETF were worth $1,816,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Continuum Advisory LLC purchased a new position in First Trust Senior Loan ETF during the second quarter worth about $28,000. Raleigh Capital Management Inc. bought a new stake in First Trust Senior Loan ETF in the 1st quarter worth about $30,000. Sound Income Strategies LLC increased its stake in First Trust Senior Loan ETF by 140.3% in the 1st quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after buying an additional 599 shares during the last quarter. Roxbury Financial LLC purchased a new stake in First Trust Senior Loan ETF in the 1st quarter valued at about $78,000. Finally, Tucker Asset Management LLC increased its stake in First Trust Senior Loan ETF by 1,925.3% in the 2nd quarter. Tucker Asset Management LLC now owns 1,843 shares of the company’s stock valued at $82,000 after buying an additional 1,752 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

First Trust Senior Loan ETF stock opened at $44.57 on Wednesday. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.09. The company’s 50 day moving average price is $44.83 and its two-hundred day moving average price is $44.90.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.2250 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.70 annualized dividend and a dividend yield of 6.1%.

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.