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

Sanctuary Advisors LLC cut its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 85,239 shares of the company’s stock after selling 1,939 shares during the period. Sanctuary Advisors LLC owned about 0.17% of First Trust Senior Loan ETF worth $3,942,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of First Trust Senior Loan ETF in the fourth quarter worth approximately $32,000. DHJJ Financial Advisors Ltd. lifted its holdings in First Trust Senior Loan ETF by 377.2% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock valued at $36,000 after purchasing an additional 611 shares in the last quarter. Peterson Financial Group Inc. acquired a new stake in First Trust Senior Loan ETF during the 3rd quarter worth $98,000. FLC Capital Advisors purchased a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth $210,000. Finally, Stephens Inc. AR raised its position in shares of First Trust Senior Loan ETF by 6.5% in 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.

First Trust Senior Loan ETF Stock Performance

FTSL opened at $45.97 on Friday. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.99. The firm’s 50-day moving average price is $46.28 and its 200 day moving average price is $46.17.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.2625 per share. The ex-dividend date of this dividend is Friday, February 21st.

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.