Midwest Heritage Bank FSB Reduces Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Midwest Heritage Bank FSB lowered its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 53.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,480 shares of the company’s stock after selling 61,589 shares during the period. First Trust Senior Loan ETF comprises 1.2% of Midwest Heritage Bank FSB’s portfolio, making the stock its 16th largest position. Midwest Heritage Bank FSB owned 0.11% of First Trust Senior Loan ETF worth $2,519,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth approximately $66,923,000. One Capital Management LLC boosted its stake in First Trust Senior Loan ETF by 2.0% during the 4th quarter. One Capital Management LLC now owns 1,016,160 shares of the company’s stock valued at $46,987,000 after acquiring an additional 19,482 shares during the last quarter. Flaharty Asset Management LLC grew its holdings in First Trust Senior Loan ETF by 1.4% during the 4th quarter. Flaharty Asset Management LLC now owns 755,299 shares of the company’s stock worth $34,925,000 after acquiring an additional 10,700 shares in the last quarter. Kovitz Investment Group Partners LLC raised its stake in shares of First Trust Senior Loan ETF by 12.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 582,473 shares of the company’s stock valued at $26,730,000 after purchasing an additional 64,467 shares in the last quarter. Finally, TL Private Wealth lifted its position in shares of First Trust Senior Loan ETF by 1.6% during the fourth quarter. TL Private Wealth now owns 466,873 shares of the company’s stock worth $21,668,000 after purchasing an additional 7,189 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $45.95 on Thursday. The business has a 50-day moving average price of $46.24 and a 200 day moving average price of $46.18. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.2625 per share. The ex-dividend date of this dividend was 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.