Quad Cities Investment Group LLC Trims Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Quad Cities Investment Group LLC trimmed its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 14.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,517 shares of the company’s stock after selling 3,008 shares during the quarter. Quad Cities Investment Group LLC’s holdings in First Trust Senior Loan ETF were worth $856,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. McNaughton Wealth Management LLC increased its holdings in First Trust Senior Loan ETF by 1.6% during the fourth quarter. McNaughton Wealth Management LLC now owns 70,346 shares of the company’s stock valued at $3,253,000 after buying an additional 1,124 shares during the period. Boyce & Associates Wealth Consulting Inc. increased its holdings in shares of First Trust Senior Loan ETF by 29.0% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 22,534 shares of the company’s stock valued at $1,042,000 after acquiring an additional 5,060 shares during the period. HBW Advisory Services LLC raised its position in shares of First Trust Senior Loan ETF by 3.9% in the 4th quarter. HBW Advisory Services LLC now owns 15,252 shares of the company’s stock worth $705,000 after acquiring an additional 567 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of First Trust Senior Loan ETF by 238.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock worth $8,815,000 after acquiring an additional 135,283 shares in the last quarter. Finally, Little Harbor Advisors LLC lifted its stake in shares of First Trust Senior Loan ETF by 8.0% during the 3rd quarter. Little Harbor Advisors LLC now owns 143,155 shares of the company’s stock worth $6,569,000 after purchasing an additional 10,604 shares during the last quarter.

First Trust Senior Loan ETF Trading Down 0.2 %

FTSL opened at $46.32 on Tuesday. The business’s 50-day moving average is $46.31 and its two-hundred day moving average is $46.11. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.275 dividend. The ex-dividend date was Friday, December 13th.

First Trust Senior Loan ETF 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.