Kestra Advisory Services LLC Decreases Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Kestra Advisory Services LLC lessened its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 342,805 shares of the company’s stock after selling 5,191 shares during the period. Kestra Advisory Services LLC owned 0.70% of First Trust Senior Loan ETF worth $15,841,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. JT Stratford LLC purchased a new stake in shares of First Trust Senior Loan ETF in the first quarter valued at approximately $307,000. Mattern Wealth Management LLC raised its holdings in shares of First Trust Senior Loan ETF by 3.0% during the 1st quarter. Mattern Wealth Management LLC now owns 28,222 shares of the company’s stock worth $1,304,000 after acquiring an additional 814 shares during the period. Beaumont Financial Advisors LLC boosted its position in shares of First Trust Senior Loan ETF by 5.9% during the 1st quarter. Beaumont Financial Advisors LLC now owns 8,525 shares of the company’s stock valued at $394,000 after acquiring an additional 475 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of First Trust Senior Loan ETF by 0.7% in the first quarter. Osaic Holdings Inc. now owns 714,363 shares of the company’s stock valued at $33,012,000 after purchasing an additional 4,634 shares during the period. Finally, Private Portfolio Partners LLC increased its position in First Trust Senior Loan ETF by 4.6% during the first quarter. Private Portfolio Partners LLC now owns 45,779 shares of the company’s stock worth $2,115,000 after purchasing an additional 2,012 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

FTSL stock traded up $0.04 during trading on Friday, reaching $45.93. 229,610 shares of the stock were exchanged, compared to its average volume of 283,599. The business has a 50 day moving average price of $46.01 and a 200-day moving average price of $46.09. First Trust Senior Loan ETF has a 1 year low of $45.01 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm 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 was Thursday, June 27th.

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.