Mutual Advisors LLC Decreases Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Mutual Advisors LLC decreased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,612 shares of the company’s stock after selling 1,575 shares during the quarter. Mutual Advisors LLC owned about 0.05% of First Trust Senior Loan ETF worth $1,189,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Kovitz Investment Group Partners LLC increased its holdings in shares of First Trust Senior Loan ETF by 12.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 582,473 shares of the company’s stock valued at $26,730,000 after purchasing an additional 64,467 shares in the last quarter. TL Private Wealth increased its holdings in First Trust Senior Loan ETF by 1.6% in the fourth quarter. TL Private Wealth now owns 466,873 shares of the company’s stock valued at $21,668,000 after buying an additional 7,189 shares in the last quarter. Virtue Capital Management LLC lifted its position in shares of First Trust Senior Loan ETF by 11.1% during the 3rd quarter. Virtue Capital Management LLC now owns 433,590 shares of the company’s stock valued at $19,897,000 after acquiring an additional 43,432 shares during the period. Cyndeo Wealth Partners LLC boosted its stake in shares of First Trust Senior Loan ETF by 4.3% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 364,394 shares of the company’s stock worth $16,722,000 after acquiring an additional 15,007 shares in the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of First Trust Senior Loan ETF by 3,386.8% in the 3rd quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after acquiring an additional 330,043 shares during the period.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of FTSL stock opened at $46.27 on Friday. The stock has a fifty day moving average price of $46.33 and a 200 day moving average price of $46.14. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a dividend of $0.2675 per share. The ex-dividend date is Wednesday, January 22nd.

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.