J.W. Cole Advisors Inc. Sells 47,948 Shares of First Trust Senior Loan ETF $FTSL

J.W. Cole Advisors Inc. lessened its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 66.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 24,613 shares of the company’s stock after selling 47,948 shares during the period. J.W. Cole Advisors Inc.’s holdings in First Trust Senior Loan ETF were worth $1,118,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position 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 valued at $7,914,000 after acquiring an additional 16,409 shares during the last quarter. Assetmark Inc. raised 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 valued at $4,290,000 after buying an additional 49,990 shares in the last quarter. Algorithmic Investment Models LLC purchased a new position in shares of First Trust Senior Loan ETF during the 3rd quarter valued at about $2,456,000. TD Waterhouse Canada Inc. purchased a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at about $679,000. Finally, Lion Street Advisors LLC purchased a new position in shares of First Trust Senior Loan ETF during the 3rd quarter valued at about $1,174,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $44.91 on Wednesday. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.19. The stock’s 50-day moving average is $45.02 and its 200 day moving average is $45.34.

First Trust Senior Loan ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a dividend of $0.235 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Thursday, May 21st.

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