American Financial Advisors LLC Sells 12,959 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

American Financial Advisors LLC lessened its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 26.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,607 shares of the company’s stock after selling 12,959 shares during the period. American Financial Advisors LLC owned about 0.07% of First Trust Senior Loan ETF worth $1,646,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Kingsview Wealth Management LLC increased its position in First Trust Senior Loan ETF by 12.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 55,331 shares of the company’s stock valued at $2,539,000 after purchasing an additional 6,041 shares during the period. Moloney Securities Asset Management LLC raised its stake in First Trust Senior Loan ETF by 5.7% during the third quarter. Moloney Securities Asset Management LLC now owns 47,470 shares of the company’s stock worth $2,178,000 after buying an additional 2,539 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in First Trust Senior Loan ETF by 6.7% in the third quarter. Nations Financial Group Inc. IA ADV now owns 88,379 shares of the company’s stock valued at $4,056,000 after buying an additional 5,572 shares during the period. Integrity Financial Corp WA boosted its position in First Trust Senior Loan ETF by 0.6% during the third quarter. Integrity Financial Corp WA now owns 84,548 shares of the company’s stock valued at $3,880,000 after acquiring an additional 507 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in First Trust Senior Loan ETF by 10.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 6,779 shares of the company’s stock worth $311,000 after acquiring an additional 659 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $46.27 on Friday. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99. The business’s 50-day moving average is $46.30 and its 200-day moving average is $46.16.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders 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 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.