ShoreHaven Wealth Partners LLC Has $1.86 Million Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

ShoreHaven Wealth Partners LLC decreased its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.8% in the fourth quarter, HoldingsChannel reports. The firm owned 40,256 shares of the company’s stock after selling 8,747 shares during the period. First Trust Senior Loan ETF accounts for 0.9% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its 25th biggest position. ShoreHaven Wealth Partners LLC’s holdings in First Trust Senior Loan ETF were worth $1,861,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. NBC Securities Inc. raised its holdings in First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after buying an additional 239 shares during the period. Stephens Inc. AR increased its position in shares of First Trust Senior Loan ETF by 6.5% in the third quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock worth $226,000 after acquiring an additional 300 shares in the last quarter. TFG Advisers LLC raised its holdings in shares of First Trust Senior Loan ETF by 2.3% during the third quarter. TFG Advisers LLC now owns 14,538 shares of the company’s stock valued at $667,000 after acquiring an additional 327 shares during the period. Kingswood Wealth Advisors LLC lifted its position in shares of First Trust Senior Loan ETF by 4.1% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 8,409 shares of the company’s stock valued at $389,000 after acquiring an additional 335 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC boosted its stake in First Trust Senior Loan ETF by 6.6% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock worth $266,000 after purchasing an additional 357 shares during the period.

First Trust Senior Loan ETF Trading Up 0.1 %

NASDAQ FTSL opened at $46.25 on Friday. The firm’s 50 day moving average price is $46.30 and its two-hundred day moving average price is $46.15. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a dividend of $0.2675 per share. The ex-dividend date was Wednesday, January 22nd.

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.