Endowment Wealth Management Inc. Sells 26,797 Shares of First Trust Senior Loan ETF $FTSL

Endowment Wealth Management Inc. trimmed its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 45.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,589 shares of the company’s stock after selling 26,797 shares during the quarter. Endowment Wealth Management Inc.’s holdings in First Trust Senior Loan ETF were worth $1,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of FTSL. Brighton Jones LLC lifted its holdings in shares of First Trust Senior Loan ETF by 22.4% during the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock valued at $271,000 after buying an additional 1,073 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of First Trust Senior Loan ETF during the 1st quarter valued at $5,254,000. Qube Research & Technologies Ltd lifted its holdings in shares of First Trust Senior Loan ETF by 111.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock valued at $149,000 after buying an additional 1,714 shares during the period. Betterment LLC lifted its holdings in shares of First Trust Senior Loan ETF by 9.0% during the 2nd quarter. Betterment LLC now owns 8,957 shares of the company’s stock valued at $411,000 after buying an additional 741 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 316.0% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,860 shares of the company’s stock valued at $1,095,000 after buying an additional 18,125 shares during the period.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $44.90 on Tuesday. The business’s fifty day moving average price is $45.01 and its 200-day moving average price is $45.42. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.235 per share. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, May 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.