First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Mission Hills Financial Advisory LLC

Mission Hills Financial Advisory LLC lowered its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.1% in the first quarter, Holdings Channel reports. The fund owned 134,098 shares of the company’s stock after selling 2,934 shares during the period. First Trust Senior Loan ETF makes up approximately 4.2% of Mission Hills Financial Advisory LLC’s portfolio, making the stock its 12th biggest holding. Mission Hills Financial Advisory LLC’s holdings in First Trust Senior Loan ETF were worth $6,122,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of First Trust Senior Loan ETF by 23.8% in the 4th quarter. LPL Financial LLC now owns 1,919,381 shares of the company’s stock valued at $88,752,000 after purchasing an additional 369,005 shares during the last quarter. Bank of America Corp DE lifted its position in shares of First Trust Senior Loan ETF by 4.0% during the 4th quarter. Bank of America Corp DE now owns 1,861,253 shares of the company’s stock worth $86,064,000 after purchasing an additional 72,249 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of First Trust Senior Loan ETF by 10.9% during the fourth quarter. Wells Fargo & Company MN now owns 1,506,182 shares of the company’s stock worth $69,646,000 after purchasing an additional 148,507 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter worth $66,923,000. Finally, First Trust Advisors LP increased its holdings in First Trust Senior Loan ETF by 14.5% in the fourth quarter. First Trust Advisors LP now owns 1,112,764 shares of the company’s stock valued at $51,437,000 after buying an additional 140,722 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

First Trust Senior Loan ETF stock opened at $46.06 on Wednesday. The stock’s fifty day moving average is $45.75 and its two-hundred day moving average is $45.94. First Trust Senior Loan ETF has a 1-year low of $44.30 and a 1-year high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were issued a $0.2575 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $3.09 dividend on an annualized basis and a dividend yield of 6.71%.

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.