Cozad Asset Management Inc. Sells 538 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Cozad Asset Management Inc. reduced its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,802 shares of the company’s stock after selling 538 shares during the period. Cozad Asset Management Inc.’s holdings in First Trust Senior Loan ETF were worth $545,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FTSL. Global Assets Advisory LLC lifted its position in shares of First Trust Senior Loan ETF by 4,518.0% during the first quarter. Global Assets Advisory LLC now owns 476,116 shares of the company’s stock valued at $22,001,000 after purchasing an additional 465,806 shares in the last quarter. International Assets Investment Management LLC raised its position in First Trust Senior Loan ETF by 3,740.3% in the fourth quarter. International Assets Investment Management LLC now owns 452,585 shares of the company’s stock worth $20,851,000 after acquiring an additional 440,800 shares during the period. Hikari Tsushin Inc. bought a new stake in First Trust Senior Loan ETF in the fourth quarter worth about $9,550,000. Raymond James Financial Services Advisors Inc. raised its position in First Trust Senior Loan ETF by 27.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 921,265 shares of the company’s stock worth $42,443,000 after acquiring an additional 199,059 shares during the period. Finally, Tower Wealth Partners Inc. bought a new stake in First Trust Senior Loan ETF in the fourth quarter worth about $8,841,000.

First Trust Senior Loan ETF Stock Performance

FTSL stock traded up $0.08 during mid-day trading on Wednesday, hitting $46.19. The company had a trading volume of 352,034 shares, compared to its average volume of 285,989. First Trust Senior Loan ETF has a 12 month low of $45.01 and a 12 month high of $46.99. The stock’s fifty day moving average price is $46.05 and its two-hundred day moving average price is $46.09.

First Trust Senior Loan ETF Cuts Dividend

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