First Trust Senior Loan ETF (NASDAQ:FTSL) Stock Holdings Reduced by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC reduced its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 25.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 19,564 shares of the company’s stock after selling 6,833 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Senior Loan ETF were worth $901,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Whittier Trust Co. bought a new stake in First Trust Senior Loan ETF in the fourth quarter worth approximately $36,000. Consultiva Wealth Management CORP. acquired a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $99,000. Provence Wealth Management Group acquired a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $123,000. NBC Securities Inc. bought a new stake in First Trust Senior Loan ETF in the third quarter worth $162,000. Finally, Concorde Asset Management LLC acquired a new position in First Trust Senior Loan ETF during the third quarter worth $293,000.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL opened at $46.16 on Friday. The company has a 50-day moving average price of $46.18 and a two-hundred day moving average price of $46.01. First Trust Senior Loan ETF has a 12 month low of $44.53 and a 12 month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th were paid a $0.295 dividend. This represents a $3.54 annualized dividend and a yield of 7.67%. The ex-dividend date of this dividend was Tuesday, April 23rd.

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.