Wealth Enhancement Advisory Services LLC Has $10.93 Million Stock Position in First Trust Senior Loan ETF $FTSL

Wealth Enhancement Advisory Services LLC lowered its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 10.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 238,456 shares of the company’s stock after selling 28,315 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.46% of First Trust Senior Loan ETF worth $10,931,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Financial Group Corp increased its holdings in shares of First Trust Senior Loan ETF by 4.2% in the third quarter. First Financial Group Corp now owns 53,074 shares of the company’s stock worth $2,433,000 after acquiring an additional 2,154 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of First Trust Senior Loan ETF by 11.6% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 147,495 shares of the company’s stock valued at $6,761,000 after purchasing an additional 15,351 shares during the period. Columbia Advisory Partners LLC increased its stake in First Trust Senior Loan ETF by 3.1% during the 3rd quarter. Columbia Advisory Partners LLC now owns 8,242 shares of the company’s stock worth $378,000 after purchasing an additional 244 shares in the last quarter. Fairway Financial LLC raised its holdings in First Trust Senior Loan ETF by 3.6% during the 3rd quarter. Fairway Financial LLC now owns 122,956 shares of the company’s stock worth $5,636,000 after buying an additional 4,270 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in First Trust Senior Loan ETF by 8.8% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,421 shares of the company’s stock valued at $386,000 after buying an additional 684 shares in the last quarter.

First Trust Senior Loan ETF Trading Down 0.1%

First Trust Senior Loan ETF stock opened at $45.81 on Friday. The company has a 50 day moving average of $45.93 and a 200-day moving average of $45.93. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.33.

First Trust Senior Loan ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st will be issued a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, January 21st.

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.