Janney Montgomery Scott LLC Sells 12,992 Shares of First Trust Senior Loan ETF $FTSL

Janney Montgomery Scott LLC trimmed its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,408 shares of the company’s stock after selling 12,992 shares during the quarter. Janney Montgomery Scott LLC owned about 0.12% of First Trust Senior Loan ETF worth $2,772,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FTSL. LPL Financial LLC raised its stake in First Trust Senior Loan ETF by 3.0% in the first quarter. LPL Financial LLC now owns 1,976,404 shares of the company’s stock valued at $90,223,000 after purchasing an additional 57,023 shares in the last quarter. Raymond James Financial Inc. increased its position in First Trust Senior Loan ETF by 6.4% during the 1st quarter. Raymond James Financial Inc. now owns 1,539,336 shares of the company’s stock valued at $70,271,000 after purchasing an additional 92,034 shares during the period. Welch & Forbes LLC increased its position in First Trust Senior Loan ETF by 4.3% during the 1st quarter. Welch & Forbes LLC now owns 660,334 shares of the company’s stock valued at $30,144,000 after purchasing an additional 27,063 shares during the period. Kovitz Investment Group Partners LLC increased its position in First Trust Senior Loan ETF by 9.8% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 641,010 shares of the company’s stock valued at $29,262,000 after purchasing an additional 57,021 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust Senior Loan ETF by 14.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 434,860 shares of the company’s stock worth $19,851,000 after buying an additional 55,739 shares during the period.

First Trust Senior Loan ETF Stock Down 0.0%

Shares of FTSL stock opened at $45.83 on Friday. The firm has a 50 day moving average of $45.97 and a 200-day moving average of $45.83. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.245 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) annualized dividend and a yield of 6.4%.

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.