First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Cwm LLC

Posted by Christopher Mengel on Oct 11th, 2024

Cwm LLC lowered its stake in First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 12.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 339,288 shares of the company’s stock after selling 47,570 shares during the quarter. Cwm LLC owned about 0.71% of First Trust Senior Loan ETF worth $15,570,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC purchased a new position in shares of First Trust Senior Loan ETF during the 2nd quarter worth approximately $27,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of First Trust Senior Loan ETF in the second quarter valued at $46,000. Consultiva Wealth Management CORP. acquired a new stake in shares of First Trust Senior Loan ETF in the first quarter valued at $100,000. Register Financial Advisors LLC purchased a new stake in First Trust Senior Loan ETF during the second quarter worth about $115,000. Finally, Hyperion Partners LLC purchased a new stake in shares of First Trust Senior Loan ETF during the second quarter worth $221,000.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock opened at $46.13 on Friday. The company has a 50 day moving average of $45.97 and a 200 day moving average of $46.04. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99.

First Trust Senior Loan ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.29 dividend. This represents a $3.48 annualized dividend and a dividend yield of 7.54%. The ex-dividend date of this dividend was Thursday, September 26th.

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.