First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. cut its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.6% during the 4th quarter, Holdings Channel reports. The firm owned 79,094 shares of the company’s stock after selling 3,840 shares during the period. Avantax Advisory Services Inc.’s holdings in First Trust Senior Loan ETF were worth $3,657,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of FTSL. Raymond James Financial Inc. acquired a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at $66,923,000. Ocean Park Asset Management LLC acquired a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at $13,715,000. Fairvoy Private Wealth LLC acquired a new position in shares of First Trust Senior Loan ETF in the 4th quarter worth $11,889,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust Senior Loan ETF by 238.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock worth $8,815,000 after acquiring an additional 135,283 shares during the last quarter. Finally, Capital Investment Counsel LLC grew its holdings in shares of First Trust Senior Loan ETF by 95.3% in the 4th quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock worth $12,680,000 after acquiring an additional 133,813 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $45.85 on Friday. The stock’s fifty day simple moving average is $46.18 and its 200 day simple moving average is $46.17. First Trust Senior Loan ETF has a 52-week low of $45.23 and a 52-week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.2625 dividend. The ex-dividend date of this dividend was Friday, February 21st.

About First Trust Senior Loan ETF

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.