Lake Street Private Wealth LLC Sells 6,845 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Posted by Carolyn Dwyer on Jan 18th, 2025

Lake Street Private Wealth LLC reduced its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,255 shares of the company’s stock after selling 6,845 shares during the quarter. First Trust Senior Loan ETF makes up approximately 1.0% of Lake Street Private Wealth LLC’s investment portfolio, making the stock its 26th largest position. Lake Street Private Wealth LLC owned approximately 0.28% of First Trust Senior Loan ETF worth $6,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in FTSL. Trust Co. of Vermont purchased a new position in First Trust Senior Loan ETF during the 3rd quarter worth $81,000. Peterson Financial Group Inc. bought a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth $98,000. NBC Securities Inc. grew its position in shares of First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after buying an additional 239 shares in the last quarter. Stephens Inc. AR increased its stake in shares of First Trust Senior Loan ETF by 6.5% during the third quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock valued at $226,000 after buying an additional 300 shares during the period. Finally, PFG Investments LLC bought a new stake in shares of First Trust Senior Loan ETF in the third quarter valued at about $230,000.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of First Trust Senior Loan ETF stock opened at $46.45 on Friday. The firm’s 50-day moving average is $46.33 and its two-hundred day moving average is $46.12. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.275 per share. The ex-dividend date was Friday, December 13th.

First Trust Senior Loan ETF Company Profile

(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.