First Trust Senior Loan ETF (NASDAQ:FTSL) Position Trimmed by Kestra Advisory Services LLC

Kestra Advisory Services LLC cut its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 342,805 shares of the company’s stock after selling 5,191 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $15,841,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. BKA Wealth Consulting Inc. boosted its stake in First Trust Senior Loan ETF by 3.6% in the fourth quarter. BKA Wealth Consulting Inc. now owns 6,596 shares of the company’s stock valued at $304,000 after acquiring an additional 229 shares during the period. Strategic Blueprint LLC boosted its stake in First Trust Senior Loan ETF by 1.9% during the 4th quarter. Strategic Blueprint LLC now owns 12,983 shares of the company’s stock valued at $598,000 after purchasing an additional 239 shares during the period. Cozad Asset Management Inc. grew its position in First Trust Senior Loan ETF by 2.0% in the 4th quarter. Cozad Asset Management Inc. now owns 12,340 shares of the company’s stock worth $569,000 after purchasing an additional 246 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of First Trust Senior Loan ETF by 0.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 94,807 shares of the company’s stock valued at $4,381,000 after purchasing an additional 401 shares during the period. Finally, Concourse Financial Group Securities Inc. raised its holdings in shares of First Trust Senior Loan ETF by 1.3% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 35,931 shares of the company’s stock valued at $1,655,000 after buying an additional 445 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

FTSL stock traded up $0.04 on Friday, reaching $45.93. The company’s stock had a trading volume of 229,610 shares, compared to its average volume of 283,599. First Trust Senior Loan ETF has a 52 week low of $45.01 and a 52 week high of $46.99. The firm has a fifty day moving average of $46.01 and a two-hundred day moving average of $46.09.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.2875 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

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.