ICA Group Wealth Management LLC Sells 21,166 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

ICA Group Wealth Management LLC lessened its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 64.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,524 shares of the company’s stock after selling 21,166 shares during the quarter. ICA Group Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $527,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of FTSL. Larson Financial Group LLC bought a new position in shares of First Trust Senior Loan ETF during the 2nd quarter worth approximately $27,000. Tidemark LLC bought a new stake in First Trust Senior Loan ETF during the fourth quarter worth $33,000. Assetmark Inc. boosted its position in First Trust Senior Loan ETF by 189.5% in the fourth quarter. Assetmark Inc. now owns 770 shares of the company’s stock worth $35,000 after purchasing an additional 504 shares during the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in shares of First Trust Senior Loan ETF during the 2nd quarter valued at $46,000. Finally, Sachetta LLC purchased a new position in shares of First Trust Senior Loan ETF in the 4th quarter worth about $61,000.

First Trust Senior Loan ETF Stock Up 0.0 %

Shares of NASDAQ FTSL opened at $46.09 on Friday. First Trust Senior Loan ETF has a one year low of $45.01 and a one year high of $46.99. The business’s fifty day moving average price is $45.96 and its 200-day moving average price is $46.06.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 21st were given a dividend of $0.29 per share. The ex-dividend date was Wednesday, August 21st. This represents a $3.48 annualized dividend and a dividend yield of 7.55%.

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.