Concurrent Investment Advisors LLC Sells 41,821 Shares of First Trust Senior Loan ETF $FTSL

Concurrent Investment Advisors LLC cut its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 67.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,938 shares of the company’s stock after selling 41,821 shares during the period. Concurrent Investment Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $914,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Asset Dedication LLC bought a new stake in First Trust Senior Loan ETF in the 2nd quarter worth about $28,000. Sachetta LLC boosted its stake in shares of First Trust Senior Loan ETF by 293.4% in the 2nd quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after buying an additional 575 shares during the last quarter. GoalVest Advisory LLC purchased a new position in shares of First Trust Senior Loan ETF in the 2nd quarter worth approximately $43,000. AdvisorNet Financial Inc bought a new position in shares of First Trust Senior Loan ETF in the second quarter valued at approximately $45,000. Finally, CX Institutional purchased a new stake in shares of First Trust Senior Loan ETF during the third quarter valued at approximately $149,000.

First Trust Senior Loan ETF Trading Up 0.0%

Shares of First Trust Senior Loan ETF stock opened at $46.08 on Friday. The business’s fifty day simple moving average is $45.93 and its 200 day simple moving average is $45.94. First Trust Senior Loan ETF has a 12 month low of $44.30 and a 12 month high of $46.52.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.24 per share. The ex-dividend date was Friday, December 12th. This represents a c) annualized dividend and a yield of 6.3%.

About First Trust Senior Loan ETF

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. FTSL was launched on May 1, 2013 and is managed by First Trust.