First Trust Senior Loan ETF $FTSL Stock Holdings Lowered by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC lowered its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 345,999 shares of the company’s stock after selling 13,185 shares during the quarter. First Trust Senior Loan ETF comprises approximately 3.1% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 6th largest position. Fairvoy Private Wealth LLC’s holdings in First Trust Senior Loan ETF were worth $15,421,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FTSL. IFP Advisors Inc boosted its position in shares of First Trust Senior Loan ETF by 8.8% during the third quarter. IFP Advisors Inc now owns 7,367 shares of the company’s stock valued at $328,000 after buying an additional 593 shares during the last quarter. Encompass More Asset Management bought a new stake in First Trust Senior Loan ETF in the 3rd quarter worth about $344,000. TD Waterhouse Canada Inc. increased its holdings in First Trust Senior Loan ETF by 25.8% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 19,477 shares of the company’s stock worth $869,000 after buying an additional 4,000 shares in the last quarter. Cyndeo Wealth Partners LLC raised its position in First Trust Senior Loan ETF by 6.5% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 499,972 shares of the company’s stock worth $22,284,000 after buying an additional 30,646 shares during the last quarter. Finally, Perryman Financial Advisory Inc. AD purchased a new position in First Trust Senior Loan ETF in the 3rd quarter worth about $626,000.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL traded up $0.01 during mid-day trading on Monday, reaching $44.57. The company’s stock had a trading volume of 529,791 shares, compared to its average volume of 303,308. The firm’s fifty day moving average price is $44.81 and its two-hundred day moving average price is $44.90. First Trust Senior Loan ETF has a 12-month low of $44.37 and a 12-month high of $46.09.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.2250 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 6.1%.

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.