First Trust Senior Loan ETF $FTSL Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 7.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,432,868 shares of the company’s stock after selling 117,817 shares during the period. Royal Bank of Canada owned about 2.84% of First Trust Senior Loan ETF worth $64,192,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of First Trust Senior Loan ETF by 22.4% during the fourth 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 in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of First Trust Senior Loan ETF in the first quarter worth about $5,254,000. Qube Research & Technologies Ltd lifted its stake in shares of First Trust Senior Loan ETF by 111.5% in the second quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,714 shares in the last quarter. Betterment LLC boosted its holdings in First Trust Senior Loan ETF by 9.0% in the second quarter. Betterment LLC now owns 8,957 shares of the company’s stock valued at $411,000 after purchasing an additional 741 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in First Trust Senior Loan ETF by 316.0% in the second quarter. Ausdal Financial Partners Inc. now owns 23,860 shares of the company’s stock valued at $1,095,000 after purchasing an additional 18,125 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $44.83 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.15. The business has a 50 day moving average price of $44.88 and a two-hundred day moving average price of $45.07.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a dividend of $0.225 per share. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Tuesday, July 21st.

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