Lake Street Private Wealth LLC Sells 6,845 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Lake Street Private Wealth LLC lessened its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 136,255 shares of the company’s stock after selling 6,845 shares during the quarter. First Trust Senior Loan ETF accounts for 1.0% of Lake Street Private Wealth LLC’s investment portfolio, making the stock its 26th biggest holding. Lake Street Private Wealth LLC’s holdings in First Trust Senior Loan ETF were worth $6,300,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in shares of First Trust Senior Loan ETF by 3,386.8% during the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after purchasing an additional 330,043 shares in the last quarter. JPMorgan Chase & Co. grew its stake in First Trust Senior Loan ETF by 238.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock worth $8,815,000 after buying an additional 135,283 shares during the last quarter. Capital Investment Counsel LLC increased its position in First Trust Senior Loan ETF by 593.0% during the 3rd quarter. Capital Investment Counsel LLC now owns 140,405 shares of the company’s stock valued at $6,443,000 after buying an additional 120,145 shares in the last quarter. Asset Allocation & Management Company LLC raised its stake in First Trust Senior Loan ETF by 561.4% in the third quarter. Asset Allocation & Management Company LLC now owns 112,440 shares of the company’s stock valued at $5,160,000 after buying an additional 95,440 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in First Trust Senior Loan ETF in the second quarter worth about $4,255,000.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock opened at $46.45 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99. The stock’s 50-day simple moving average is $46.33 and its 200-day simple moving average is $46.12.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.275 per share. The ex-dividend date was Friday, December 13th.

About First Trust Senior Loan ETF

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.