Truist Financial Corp Lowers Stock Holdings in First Trust Senior Loan ETF $FTSL

Truist Financial Corp lessened its stake in First Trust Senior Loan ETF (NASDAQ:FTSLFree Report) by 43.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 41,017 shares of the company’s stock after selling 31,320 shares during the quarter. Truist Financial Corp’s holdings in First Trust Senior Loan ETF were worth $1,882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FTSL. Concurrent Investment Advisors LLC boosted its stake in shares of First Trust Senior Loan ETF by 1,473.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 313,785 shares of the company’s stock valued at $14,396,000 after buying an additional 293,847 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of First Trust Senior Loan ETF by 2,111,777.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 190,069 shares of the company’s stock valued at $8,722,000 after buying an additional 190,060 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of First Trust Senior Loan ETF in the 1st quarter valued at about $5,254,000. Jane Street Group LLC boosted its stake in shares of First Trust Senior Loan ETF by 36.9% in the 2nd quarter. Jane Street Group LLC now owns 330,940 shares of the company’s stock valued at $15,187,000 after buying an additional 89,151 shares during the period. Finally, Aurora Private Wealth Inc. purchased a new position in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $3,912,000.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL opened at $45.20 on Friday. The stock has a 50-day simple moving average of $44.99 and a 200-day simple moving average of $45.46. First Trust Senior Loan ETF has a 1 year low of $44.37 and a 1 year high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were paid a $0.235 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date was Tuesday, April 21st.

About First Trust Senior Loan ETF

(Free Report)

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. FTSL was launched on May 1, 2013 and is managed by First Trust.

See Also

Want to see what other hedge funds are holding FTSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Senior Loan ETF (NASDAQ:FTSLFree Report).

Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

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