Prospera Financial Services Inc Lowers Holdings in First Trust Senior Loan ETF $FTSL

Prospera Financial Services Inc reduced its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,081 shares of the company’s stock after selling 2,698 shares during the period. Prospera Financial Services Inc owned approximately 0.22% of First Trust Senior Loan ETF worth $5,282,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Sachetta LLC grew its position in First Trust Senior Loan ETF by 293.4% during the second quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after buying an additional 575 shares in the last quarter. GoalVest Advisory LLC bought a new stake in shares of First Trust Senior Loan ETF during the 2nd quarter valued at about $43,000. AdvisorNet Financial Inc purchased a new position in shares of First Trust Senior Loan ETF during the second quarter worth about $45,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of First Trust Senior Loan ETF by 459.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock worth $71,000 after purchasing an additional 1,274 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in shares of First Trust Senior Loan ETF in the first quarter worth approximately $138,000.

First Trust Senior Loan ETF Trading Up 0.1%

Shares of First Trust Senior Loan ETF stock opened at $45.87 on Friday. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.55. The company has a 50 day simple moving average of $45.88 and a two-hundred day simple moving average of $45.90.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st were issued a dividend of $0.245 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend was Tuesday, October 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.