First Trust Senior Loan ETF $FTSL Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 43.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,017 shares of the company’s stock after selling 31,320 shares during the quarter. Truist Financial Corp owned 0.08% of First Trust Senior Loan ETF worth $1,882,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $26,000. Pinnacle Bancorp Inc. increased its position in shares of First Trust Senior Loan ETF by 233.3% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock worth $50,000 after purchasing an additional 763 shares during the last quarter. Montag A & Associates Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $95,000. National Bank of Canada FI acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $128,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $137,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $45.20 on Friday. The business has a 50-day moving average price of $44.99 and a 200 day moving average price of $45.46. First Trust Senior Loan ETF has a 12-month low of $44.37 and a 12-month high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were given a dividend of $0.235 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Tuesday, April 21st.

First Trust Senior Loan ETF 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.