Investors Research Corp Sells 825 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Investors Research Corp lowered its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,394 shares of the company’s stock after selling 825 shares during the quarter. Investors Research Corp owned about 0.06% of First Trust Senior Loan ETF worth $1,405,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of FTSL. Raymond James Financial Inc. acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at about $66,923,000. Ocean Park Asset Management LLC acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at about $13,715,000. Fairvoy Private Wealth LLC acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at about $11,889,000. JPMorgan Chase & Co. raised its holdings in shares of First Trust Senior Loan ETF by 238.2% during the third quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock valued at $8,815,000 after purchasing an additional 135,283 shares during the period. Finally, Capital Investment Counsel LLC raised its holdings in shares of First Trust Senior Loan ETF by 95.3% during the fourth quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock valued at $12,680,000 after purchasing an additional 133,813 shares during the period.

First Trust Senior Loan ETF Trading Up 0.0 %

Shares of NASDAQ FTSL opened at $45.95 on Monday. The firm’s 50-day moving average price is $46.22 and its 200-day moving average price is $46.18. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.2625 per share. The ex-dividend date was Friday, February 21st.

First Trust Senior Loan ETF Company Profile

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.