First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC reduced its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,638 shares of the company’s stock after selling 981 shares during the period. Sowell Financial Services LLC’s holdings in First Trust Senior Loan ETF were worth $2,388,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of FTSL. Nations Financial Group Inc. IA ADV raised its position in shares of First Trust Senior Loan ETF by 6.7% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 88,379 shares of the company’s stock worth $4,056,000 after purchasing an additional 5,572 shares during the last quarter. Northwest Wealth Management LLC raised its position in shares of First Trust Senior Loan ETF by 4.5% during the 3rd quarter. Northwest Wealth Management LLC now owns 14,975 shares of the company’s stock worth $687,000 after purchasing an additional 642 shares during the last quarter. Proactive Wealth Strategies LLC acquired a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $302,000. Peterson Financial Group Inc. acquired a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $98,000. Finally, OneAscent Wealth Management LLC acquired a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $380,000.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock opened at $45.95 on Monday. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99. The business has a 50 day moving average price of $46.22 and a 200 day moving average price of $46.18.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.2625 dividend. The ex-dividend date of this dividend was Friday, February 21st.

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.