First Heartland Consultants Inc. Trims Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Posted by Tyrone Williams on Nov 12th, 2024

First Heartland Consultants Inc. decreased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 5.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,414 shares of the company’s stock after selling 2,977 shares during the period. First Heartland Consultants Inc. owned 0.11% of First Trust Senior Loan ETF worth $2,359,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSL. Larson Financial Group LLC acquired a new stake in shares of First Trust Senior Loan ETF during the second quarter worth about $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Senior Loan ETF in the second quarter valued at approximately $46,000. Trust Co. of Vermont purchased a new stake in shares of First Trust Senior Loan ETF during the third quarter worth approximately $81,000. Consultiva Wealth Management CORP. acquired a new stake in shares of First Trust Senior Loan ETF during the first quarter worth $100,000. Finally, Register Financial Advisors LLC purchased a new position in First Trust Senior Loan ETF in the 2nd quarter valued at $115,000.

First Trust Senior Loan ETF Stock Down 0.1 %

First Trust Senior Loan ETF stock traded down $0.03 during trading hours on Tuesday, reaching $46.34. 28,669 shares of the stock were exchanged, compared to its average volume of 284,326. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99. The firm’s 50 day moving average is $46.08 and its 200 day moving average is $46.03.

First Trust Senior Loan ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were given a $0.29 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a yield of 7.51%.

First Trust Senior Loan ETF 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.