My Legacy Advisors LLC Reduces Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

My Legacy Advisors LLC reduced its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 20.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 20,138 shares of the company’s stock after selling 5,072 shares during the quarter. My Legacy Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $924,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FTSL. Park Avenue Securities LLC raised its holdings in First Trust Senior Loan ETF by 23.3% in the 1st quarter. Park Avenue Securities LLC now owns 37,375 shares of the company’s stock worth $1,727,000 after purchasing an additional 7,067 shares during the period. Key Client Fiduciary Advisors LLC lifted its position in shares of First Trust Senior Loan ETF by 6.0% during the 1st quarter. Key Client Fiduciary Advisors LLC now owns 22,280 shares of the company’s stock valued at $1,030,000 after buying an additional 1,268 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of First Trust Senior Loan ETF by 0.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 94,807 shares of the company’s stock valued at $4,381,000 after buying an additional 401 shares in the last quarter. Tower Wealth Partners Inc. grew its stake in shares of First Trust Senior Loan ETF by 3.0% during the 1st quarter. Tower Wealth Partners Inc. now owns 197,725 shares of the company’s stock valued at $9,137,000 after acquiring an additional 5,819 shares during the period. Finally, Lake Street Private Wealth LLC increased its holdings in First Trust Senior Loan ETF by 5.1% in the 1st quarter. Lake Street Private Wealth LLC now owns 133,265 shares of the company’s stock worth $6,158,000 after acquiring an additional 6,413 shares in the last quarter.

First Trust Senior Loan ETF Trading Down 0.6 %

First Trust Senior Loan ETF stock traded down $0.29 during mid-day trading on Tuesday, hitting $45.92. The stock had a trading volume of 70,374 shares, compared to its average volume of 289,369. The firm’s 50 day moving average is $46.04 and its 200 day moving average is $46.04. First Trust Senior Loan ETF has a one year low of $45.01 and a one year high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.29 dividend. This represents a $3.48 annualized dividend and a yield of 7.58%. The ex-dividend date of this dividend was Thursday, September 26th.

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.