First Trust Senior Loan ETF $FTSL Stock Holdings Lessened by HBW Advisory Services LLC

HBW Advisory Services LLC trimmed its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 39.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,245 shares of the company’s stock after selling 14,255 shares during the period. HBW Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $991,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Trust Advisors LP boosted its holdings in shares of First Trust Senior Loan ETF by 15.7% during the first quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock worth $57,097,000 after purchasing an additional 173,354 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of First Trust Senior Loan ETF by 5.6% in the second quarter. Envestnet Asset Management Inc. now owns 884,010 shares of the company’s stock worth $39,559,000 after purchasing an additional 47,005 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in First Trust Senior Loan ETF by 107.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 593,455 shares of the company’s stock valued at $26,557,000 after purchasing an additional 307,204 shares during the period. TL Private Wealth increased its holdings in First Trust Senior Loan ETF by 7.7% during the 2nd quarter. TL Private Wealth now owns 579,910 shares of the company’s stock valued at $25,974,000 after purchasing an additional 41,544 shares during the period. Finally, Fairvoy Private Wealth LLC raised its position in First Trust Senior Loan ETF by 8.7% during the 1st quarter. Fairvoy Private Wealth LLC now owns 336,512 shares of the company’s stock valued at $15,076,000 after purchasing an additional 27,040 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.1%

FTSL opened at $44.59 on Friday. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.09. The business has a 50 day simple moving average of $44.82 and a two-hundred day simple moving average of $44.90.

First Trust Senior Loan ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.2250 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.70 annualized dividend and a yield of 6.1%.

About First Trust Senior Loan ETF

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.