Harbour Investments Inc. Reduces Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Posted by Hayley Millar on Nov 14th, 2024

Harbour Investments Inc. trimmed its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 9.3% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 43,207 shares of the company’s stock after selling 4,438 shares during the quarter. Harbour Investments Inc. owned about 0.09% of First Trust Senior Loan ETF worth $1,983,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FTSL. Larson Financial Group LLC bought a new position in shares of First Trust Senior Loan ETF during the 2nd quarter valued at $27,000. Farmers & Merchants Investments Inc. purchased a new position in First Trust Senior Loan ETF in the second quarter worth about $46,000. Trust Co. of Vermont bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter valued at about $81,000. Consultiva Wealth Management CORP. purchased a new stake in shares of First Trust Senior Loan ETF during the 1st quarter valued at about $100,000. Finally, Register Financial Advisors LLC bought a new position in shares of First Trust Senior Loan ETF in the 2nd quarter worth approximately $115,000.

First Trust Senior Loan ETF Price Performance

FTSL opened at $46.37 on Thursday. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99. The company’s 50 day moving average is $46.10 and its 200 day moving average is $46.04.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were paid a $0.29 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $3.48 annualized dividend and a dividend yield of 7.50%.

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.