NewEdge Advisors LLC Sells 52,656 Shares of First Trust Senior Loan ETF $FTSL

NewEdge Advisors LLC lowered its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 254,981 shares of the company’s stock after selling 52,656 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $11,423,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of FTSL. TD Waterhouse Canada Inc. purchased a new position in First Trust Senior Loan ETF in the 4th quarter worth about $679,000. CWM LLC boosted its position in First Trust Senior Loan ETF by 8.0% in the 4th quarter. CWM LLC now owns 312,161 shares of the company’s stock valued at $14,322,000 after buying an additional 23,177 shares during the period. UBS Group AG boosted its position in First Trust Senior Loan ETF by 4.1% in the 4th quarter. UBS Group AG now owns 815,183 shares of the company’s stock valued at $37,401,000 after buying an additional 31,935 shares during the period. Petix & Botte Co grew its stake in First Trust Senior Loan ETF by 17.6% in the 4th quarter. Petix & Botte Co now owns 124,115 shares of the company’s stock worth $5,694,000 after acquiring an additional 18,574 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC grew its stake in First Trust Senior Loan ETF by 32.7% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 57,015 shares of the company’s stock worth $2,616,000 after acquiring an additional 14,042 shares in the last quarter.

First Trust Senior Loan ETF Stock Up 0.0%

Shares of NASDAQ:FTSL opened at $44.92 on Monday. The firm’s 50 day simple moving average is $44.87 and its 200-day simple moving average is $45.02. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.15.

First Trust Senior Loan ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were issued a dividend of $0.225 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date was Tuesday, July 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.