StoneX Group Inc. Lowers Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

StoneX Group Inc. lowered its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,155 shares of the company’s stock after selling 430 shares during the quarter. StoneX Group Inc.’s holdings in First Trust Senior Loan ETF were worth $793,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new position in First Trust Senior Loan ETF during the fourth quarter worth about $25,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at approximately $32,000. DHJJ Financial Advisors Ltd. lifted its holdings in shares of 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 buying an additional 611 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $36,000. Finally, Global Retirement Partners LLC raised its position in First Trust Senior Loan ETF by 27.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock worth $137,000 after acquiring an additional 635 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

First Trust Senior Loan ETF stock opened at $45.62 on Thursday. First Trust Senior Loan ETF has a one year low of $45.23 and a one year high of $46.55. The business has a fifty day moving average of $46.05 and a two-hundred day moving average of $46.17.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.26 per share. This represents a $3.12 dividend on an annualized basis and a yield of 6.84%. The ex-dividend date of this dividend was Thursday, March 27th.

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.