Legacy Investment Solutions LLC Has $2.34 Million Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Legacy Investment Solutions LLC cut its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 15.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 50,677 shares of the company’s stock after selling 9,410 shares during the quarter. First Trust Senior Loan ETF makes up 1.4% of Legacy Investment Solutions LLC’s portfolio, making the stock its 19th biggest position. Legacy Investment Solutions LLC’s holdings in First Trust Senior Loan ETF were worth $2,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Kingswood Wealth Advisors LLC lifted its holdings in First Trust Senior Loan ETF by 4.1% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 8,409 shares of the company’s stock valued at $389,000 after buying an additional 335 shares during the period. Curtis Advisory Group LLC lifted its stake in First Trust Senior Loan ETF by 2.8% in the fourth quarter. Curtis Advisory Group LLC now owns 12,432 shares of the company’s stock valued at $575,000 after buying an additional 341 shares during the period. Milestone Asset Management LLC boosted its holdings in First Trust Senior Loan ETF by 3.7% during the fourth quarter. Milestone Asset Management LLC now owns 10,473 shares of the company’s stock worth $484,000 after buying an additional 373 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of First Trust Senior Loan ETF by 5.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 7,157 shares of the company’s stock valued at $331,000 after acquiring an additional 378 shares during the last quarter. Finally, Beaumont Financial Advisors LLC boosted its stake in First Trust Senior Loan ETF by 5.1% during the 4th quarter. Beaumont Financial Advisors LLC now owns 8,960 shares of the company’s stock worth $414,000 after acquiring an additional 435 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.2 %

Shares of NASDAQ:FTSL opened at $45.15 on Friday. The company has a 50 day moving average price of $45.83 and a two-hundred day moving average price of $46.09. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.26 per share. This represents a $3.12 annualized dividend and a yield of 6.91%. The ex-dividend date was Thursday, March 27th.

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.