Financial Enhancement Group LLC Sells 60,695 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Financial Enhancement Group LLC lowered its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 68.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,937 shares of the company’s stock after selling 60,695 shares during the quarter. Financial Enhancement Group LLC’s holdings in First Trust Senior Loan ETF were worth $1,294,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FTSL. NBC Securities Inc. raised its position in First Trust Senior Loan ETF by 6.9% in the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after purchasing an additional 239 shares during the period. Stephens Inc. AR grew its stake in shares of First Trust Senior Loan ETF by 6.5% during the third quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock valued at $226,000 after buying an additional 300 shares during the last quarter. TFG Advisers LLC raised its holdings in shares of First Trust Senior Loan ETF by 2.3% in the third quarter. TFG Advisers LLC now owns 14,538 shares of the company’s stock worth $667,000 after buying an additional 327 shares during the period. Merkkuri Wealth Advisors LLC lifted its stake in shares of First Trust Senior Loan ETF by 6.6% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock worth $266,000 after acquiring an additional 357 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in First Trust Senior Loan ETF by 4.7% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,030 shares of the company’s stock valued at $369,000 after acquiring an additional 362 shares during the period.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of First Trust Senior Loan ETF stock opened at $46.41 on Thursday. First Trust Senior Loan ETF has a 52 week low of $45.23 and a 52 week high of $46.99. The stock’s fifty day moving average is $46.33 and its two-hundred day moving average is $46.11.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.275 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.