First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Octavia Wealth Advisors LLC

Octavia Wealth Advisors LLC lessened its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.9% during the fourth quarter, HoldingsChannel reports. The fund owned 12,963 shares of the company’s stock after selling 1,271 shares during the period. Octavia Wealth Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $599,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FTSL. International Assets Investment Management LLC grew its holdings in First Trust Senior Loan ETF by 3,386.8% during the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after acquiring an additional 330,043 shares during the period. JPMorgan Chase & Co. grew its holdings in 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 worth $8,815,000 after acquiring an additional 135,283 shares during the period. Capital Investment Counsel LLC grew its holdings in First Trust Senior Loan ETF by 593.0% in the third quarter. Capital Investment Counsel LLC now owns 140,405 shares of the company’s stock valued at $6,443,000 after purchasing an additional 120,145 shares during the last quarter. Asset Allocation & Management Company LLC grew its holdings in First Trust Senior Loan ETF by 561.4% in the third quarter. Asset Allocation & Management Company LLC now owns 112,440 shares of the company’s stock valued at $5,160,000 after purchasing an additional 95,440 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in First Trust Senior Loan ETF in the second quarter valued at $4,255,000.

First Trust Senior Loan ETF Price Performance

First Trust Senior Loan ETF stock opened at $46.48 on Wednesday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99. The stock’s fifty day moving average is $46.34 and its two-hundred day moving average is $46.13.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders 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.