Purus Wealth Management LLC Cuts Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Purus Wealth Management LLC decreased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 12.7% in the fourth quarter, Holdings Channel reports. The firm owned 8,568 shares of the company’s stock after selling 1,252 shares during the quarter. Purus Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $396,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in First Trust Senior Loan ETF by 18.0% in the second quarter. Brighton Jones LLC now owns 5,900 shares of the company’s stock worth $270,000 after buying an additional 901 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of First Trust Senior Loan ETF by 154.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 15,362 shares of the company’s stock valued at $702,000 after purchasing an additional 9,318 shares during the last quarter. Clear Point Advisors Inc. increased its position in First Trust Senior Loan ETF by 3.2% in the second quarter. Clear Point Advisors Inc. now owns 36,865 shares of the company’s stock worth $1,685,000 after purchasing an additional 1,145 shares during the last quarter. Trinity Legacy Partners LLC lifted its stake in shares of First Trust Senior Loan ETF by 3.3% in the 2nd quarter. Trinity Legacy Partners LLC now owns 51,548 shares of the company’s stock valued at $2,356,000 after purchasing an additional 1,631 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in First Trust Senior Loan ETF by 17.4% during the 2nd quarter. NewEdge Advisors LLC now owns 229,595 shares of the company’s stock valued at $10,495,000 after purchasing an additional 34,094 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of FTSL opened at $46.45 on Monday. First Trust Senior Loan ETF has a 12-month low of $45.23 and a 12-month high of $46.99. The firm has a fifty day moving average price of $46.33 and a 200-day moving average price of $46.13.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.275 dividend. The ex-dividend date was Friday, December 13th.

First Trust Senior Loan ETF 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.