Endowment Wealth Management Inc. Trims Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Endowment Wealth Management Inc. cut its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 23.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,825 shares of the company’s stock after selling 8,893 shares during the quarter. Endowment Wealth Management Inc.’s holdings in First Trust Senior Loan ETF were worth $1,369,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC increased its position in shares of First Trust Senior Loan ETF by 31.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 124,979 shares of the company’s stock worth $5,713,000 after purchasing an additional 30,172 shares during the last quarter. Moloney Securities Asset Management LLC raised its stake in First Trust Senior Loan ETF by 5.7% during the third quarter. Moloney Securities Asset Management LLC now owns 47,470 shares of the company’s stock valued at $2,178,000 after buying an additional 2,539 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. lifted its holdings in First Trust Senior Loan ETF by 6.4% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 17,474 shares of the company’s stock worth $802,000 after buying an additional 1,052 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of First Trust Senior Loan ETF by 6.7% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 88,379 shares of the company’s stock worth $4,056,000 after acquiring an additional 5,572 shares in the last quarter. Finally, Integrity Financial Corp WA increased its holdings in shares of First Trust Senior Loan ETF by 0.6% in the 3rd quarter. Integrity Financial Corp WA now owns 84,548 shares of the company’s stock valued at $3,880,000 after acquiring an additional 507 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.0 %

First Trust Senior Loan ETF stock 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 has a fifty day moving average price of $46.10 and a two-hundred day moving average price of $46.04.

First Trust Senior Loan ETF Dividend Announcement

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

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.