Focus Partners Advisor Solutions LLC Sells 412 Shares of First Trust Senior Loan ETF $FTSL

Focus Partners Advisor Solutions LLC reduced its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,738 shares of the company’s stock after selling 412 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in First Trust Senior Loan ETF were worth $676,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in FTSL. Valmark Advisers Inc. grew its stake in First Trust Senior Loan ETF by 0.5% in the second quarter. Valmark Advisers Inc. now owns 40,221 shares of the company’s stock valued at $1,846,000 after acquiring an additional 218 shares during the period. Uptick Partners LLC grew its stake in First Trust Senior Loan ETF by 2.8% in the second quarter. Uptick Partners LLC now owns 9,903 shares of the company’s stock valued at $454,000 after acquiring an additional 271 shares during the period. Private Trust Co. NA grew its stake in First Trust Senior Loan ETF by 2.7% in the second quarter. Private Trust Co. NA now owns 10,548 shares of the company’s stock valued at $484,000 after acquiring an additional 278 shares during the period. Fifth Third Securities Inc. grew its stake in First Trust Senior Loan ETF by 0.4% in the second quarter. Fifth Third Securities Inc. now owns 74,222 shares of the company’s stock valued at $3,406,000 after acquiring an additional 290 shares during the period. Finally, Realta Investment Advisors grew its stake in First Trust Senior Loan ETF by 5.0% in the first quarter. Realta Investment Advisors now owns 6,603 shares of the company’s stock valued at $301,000 after acquiring an additional 315 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $45.79 on Wednesday. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55. The stock has a 50 day moving average price of $45.90 and a two-hundred day moving average price of $45.87.

First Trust Senior Loan ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid a $0.245 dividend. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, October 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.