First Trust Senior Loan ETF $FTSL Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. reduced its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 28.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,892 shares of the company’s stock after selling 24,812 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Senior Loan ETF were worth $2,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FTSL. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of First Trust Senior Loan ETF by 10.5% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 172,645 shares of the company’s stock worth $7,914,000 after buying an additional 16,409 shares during the last quarter. Assetmark Inc. increased its holdings in shares of First Trust Senior Loan ETF by 114.7% during the 3rd quarter. Assetmark Inc. now owns 93,582 shares of the company’s stock worth $4,290,000 after buying an additional 49,990 shares during the last quarter. Algorithmic Investment Models LLC acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $2,456,000. Capital Investment Counsel LLC increased its holdings in shares of First Trust Senior Loan ETF by 15.2% during the 3rd quarter. Capital Investment Counsel LLC now owns 410,767 shares of the company’s stock worth $18,830,000 after buying an additional 54,169 shares during the last quarter. Finally, Planwiser Financial LLC acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $943,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $45.07 on Friday. The company has a 50 day simple moving average of $44.92 and a 200-day simple moving average of $45.49. First Trust Senior Loan ETF has a 1 year low of $44.37 and a 1 year high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were issued a dividend of $0.235 per share. The ex-dividend date was Tuesday, April 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.