First Trust Senior Loan ETF $FTSL Shares Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC trimmed its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 7.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 138,333 shares of the company’s stock after selling 11,125 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust Senior Loan ETF were worth $6,337,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Key Client Fiduciary Advisors LLC lifted its position in shares of First Trust Senior Loan ETF by 32.7% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 57,015 shares of the company’s stock valued at $2,616,000 after acquiring an additional 14,042 shares during the period. TD Waterhouse Canada Inc. purchased a new position in shares of First Trust Senior Loan ETF during the 4th quarter worth approximately $679,000. Berger Financial Group Inc increased its stake in shares of First Trust Senior Loan ETF by 13.2% during the 4th quarter. Berger Financial Group Inc now owns 4,959 shares of the company’s stock worth $228,000 after purchasing an additional 579 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of First Trust Senior Loan ETF by 8.4% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 159,889 shares of the company’s stock worth $7,336,000 after purchasing an additional 12,394 shares in the last quarter. Finally, CWM LLC increased its stake in shares of First Trust Senior Loan ETF by 8.0% during the 4th quarter. CWM LLC now owns 312,161 shares of the company’s stock worth $14,322,000 after purchasing an additional 23,177 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of FTSL opened at $45.03 on Friday. The firm has a 50 day simple moving average of $44.95 and a 200-day simple moving average of $45.52. 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 Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st will be paid 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 is Tuesday, April 21st.

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.