First Trust Senior Loan ETF $FTSL Stake Lessened by Wealth Watch Advisors INC

Wealth Watch Advisors INC cut its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,383 shares of the company’s stock after selling 272 shares during the period. Wealth Watch Advisors INC’s holdings in First Trust Senior Loan ETF were worth $568,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Comerica Bank boosted its holdings in shares of First Trust Senior Loan ETF by 9.4% in the first quarter. Comerica Bank now owns 55,417 shares of the company’s stock valued at $2,530,000 after acquiring an additional 4,755 shares in the last quarter. Sand Hill Global Advisors LLC bought a new position in shares of First Trust Senior Loan ETF in the first quarter valued at approximately $838,000. Huntleigh Advisors Inc. boosted its holdings in shares of First Trust Senior Loan ETF by 10.6% in the second quarter. Huntleigh Advisors Inc. now owns 70,321 shares of the company’s stock valued at $3,227,000 after acquiring an additional 6,766 shares in the last quarter. Asset Allocation & Management Company LLC boosted its holdings in shares of First Trust Senior Loan ETF by 8.6% in the second quarter. Asset Allocation & Management Company LLC now owns 126,840 shares of the company’s stock valued at $5,821,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of First Trust Senior Loan ETF by 6.3% in the first quarter. Concurrent Investment Advisors LLC now owns 150,834 shares of the company’s stock valued at $6,886,000 after acquiring an additional 8,942 shares in the last quarter.

First Trust Senior Loan ETF Trading Up 0.1%

First Trust Senior Loan ETF stock opened at $45.70 on Monday. The firm has a 50 day simple moving average of $45.91 and a 200-day simple moving average of $45.86. First Trust Senior Loan ETF has a 12-month low of $44.30 and a 12-month high of $46.55.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be paid a dividend of $0.245 per share. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a c) annualized dividend and a yield of 6.4%.

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.