First Trust Senior Loan ETF $FTSL Shares Sold by Key Client Fiduciary Advisors LLC

Key Client Fiduciary Advisors LLC trimmed its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 21.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,125 shares of the company’s stock after selling 12,575 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $2,019,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in First Trust Senior Loan ETF by 22.4% in the fourth quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock valued at $271,000 after acquiring an additional 1,073 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in First Trust Senior Loan ETF during the 1st quarter worth $5,254,000. Qube Research & Technologies Ltd grew its holdings in First Trust Senior Loan ETF by 111.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,714 shares in the last quarter. Betterment LLC increased its position in shares of First Trust Senior Loan ETF by 9.0% in the 2nd quarter. Betterment LLC now owns 8,957 shares of the company’s stock worth $411,000 after purchasing an additional 741 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its position in shares of First Trust Senior Loan ETF by 316.0% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,860 shares of the company’s stock worth $1,095,000 after purchasing an additional 18,125 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock 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 1 year low of $44.37 and a 1 year high of $46.15.

First Trust Senior Loan ETF Announces Dividend

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