Brookstone Capital Management Sells 5,016 Shares of First Trust Senior Loan ETF $FTSL

Brookstone Capital Management decreased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 142,378 shares of the company’s stock after selling 5,016 shares during the period. Brookstone Capital Management’s holdings in First Trust Senior Loan ETF were worth $6,534,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FTSL. Brighton Jones LLC lifted its holdings in shares of First Trust Senior Loan ETF by 22.4% in the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock valued at $271,000 after acquiring an additional 1,073 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 2.4% in the 1st quarter. Oppenheimer & Co. Inc. now owns 41,567 shares of the company’s stock valued at $1,898,000 after acquiring an additional 968 shares during the last quarter. Global Assets Advisory LLC lifted its holdings in shares of First Trust Senior Loan ETF by 200.0% in the 1st quarter. Global Assets Advisory LLC now owns 29,298 shares of the company’s stock valued at $1,326,000 after acquiring an additional 19,533 shares during the last quarter. Aurora Private Wealth Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 6.1% in the 1st quarter. Aurora Private Wealth Inc. now owns 84,645 shares of the company’s stock valued at $3,864,000 after acquiring an additional 4,845 shares during the last quarter. Finally, First Pacific Financial bought a new position in shares of First Trust Senior Loan ETF in the 1st quarter valued at about $83,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $45.62 on Thursday. First Trust Senior Loan ETF has a 12 month low of $44.30 and a 12 month high of $46.55. The company has a 50-day moving average price of $45.93 and a 200 day moving average price of $45.84.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Tuesday, October 21st will be issued a $0.245 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

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.