Captrust Financial Advisors Has $1.17 Million Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Captrust Financial Advisors lessened its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,193 shares of the company’s stock after selling 2,608 shares during the period. Captrust Financial Advisors’ holdings in First Trust Senior Loan ETF were worth $1,165,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FTSL. Bank of America Corp DE grew its stake in First Trust Senior Loan ETF by 4.0% during the fourth quarter. Bank of America Corp DE now owns 1,861,253 shares of the company’s stock worth $86,064,000 after purchasing an additional 72,249 shares during the period. BNP Paribas Financial Markets acquired a new stake in First Trust Senior Loan ETF during the fourth quarter worth approximately $148,000. Ameriprise Financial Inc. acquired a new stake in First Trust Senior Loan ETF during the fourth quarter worth approximately $949,000. Comerica Bank grew its stake in First Trust Senior Loan ETF by 1.7% during the fourth quarter. Comerica Bank now owns 50,662 shares of the company’s stock worth $2,343,000 after purchasing an additional 835 shares during the period. Finally, Capital Analysts LLC grew its stake in First Trust Senior Loan ETF by 5.1% during the fourth quarter. Capital Analysts LLC now owns 9,541 shares of the company’s stock worth $441,000 after purchasing an additional 459 shares during the period.

First Trust Senior Loan ETF Stock Down 0.0%

NASDAQ FTSL opened at $45.93 on Thursday. The business has a 50 day simple moving average of $45.58 and a 200 day simple moving average of $46.01. First Trust Senior Loan ETF has a one year low of $44.07 and a one year high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were paid a $0.2575 dividend. The ex-dividend date was Tuesday, April 22nd. This represents a $3.09 dividend on an annualized basis and a yield of 6.73%.

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.