Tanager Wealth Management LLP Sells 7,516 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Tanager Wealth Management LLP lessened its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 58.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,386 shares of the company’s stock after selling 7,516 shares during the period. Tanager Wealth Management LLP’s holdings in First Trust Senior Loan ETF were worth $248,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Strategic Blueprint LLC lifted its stake in shares of First Trust Senior Loan ETF by 1.9% during the fourth quarter. Strategic Blueprint LLC now owns 12,983 shares of the company’s stock valued at $598,000 after acquiring an additional 239 shares during the period. Vista Investment Management lifted its stake in shares of First Trust Senior Loan ETF by 3.7% during the second quarter. Vista Investment Management now owns 7,656 shares of the company’s stock valued at $347,000 after acquiring an additional 271 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of First Trust Senior Loan ETF by 74.3% during the first quarter. PNC Financial Services Group Inc. now owns 802 shares of the company’s stock valued at $38,000 after acquiring an additional 342 shares during the period. First Heartland Consultants Inc. lifted its stake in First Trust Senior Loan ETF by 0.6% in the third quarter. First Heartland Consultants Inc. now owns 55,980 shares of the company’s stock valued at $2,561,000 after buying an additional 342 shares during the period. Finally, IHT Wealth Management LLC lifted its stake in First Trust Senior Loan ETF by 6.7% in the second quarter. IHT Wealth Management LLC now owns 6,131 shares of the company’s stock valued at $278,000 after buying an additional 384 shares during the period.

First Trust Senior Loan ETF Trading Down 0.1 %

NASDAQ:FTSL traded down $0.04 during mid-day trading on Friday, hitting $46.18. The company had a trading volume of 129,162 shares, compared to its average volume of 328,676. First Trust Senior Loan ETF has a fifty-two week low of $44.53 and a fifty-two week high of $46.99. The business’s fifty day moving average is $46.18 and its two-hundred day moving average is $45.98.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.30 dividend. This represents a $3.60 annualized dividend and a yield of 7.80%. The ex-dividend date of this dividend was Thursday, March 21st.

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.