First Trust Senior Loan ETF $FTSL Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lessened its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 12.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 103,378 shares of the company’s stock after selling 14,320 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $4,631,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FTSL. Triumph Capital Management bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $26,000. Raleigh Capital Management Inc. bought a new position in shares of First Trust Senior Loan ETF in the first quarter valued at approximately $30,000. Smartleaf Asset Management LLC bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC increased its stake in shares of First Trust Senior Loan ETF by 140.3% during the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after acquiring an additional 599 shares during the period. Finally, TD Private Client Wealth LLC acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $48,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $44.93 on Friday. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.19. The stock’s 50 day moving average price is $44.95 and its 200 day moving average price is $45.15.

First Trust Senior Loan ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.23 per share. The ex-dividend date was Thursday, June 25th.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.