First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Accel Wealth Management

Accel Wealth Management lowered its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 22.9% during the fourth quarter, Holdings Channel reports. The fund owned 36,504 shares of the company’s stock after selling 10,855 shares during the quarter. Accel Wealth Management’s holdings in First Trust Senior Loan ETF were worth $1,688,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kovitz Investment Group Partners LLC raised its holdings in 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 acquiring an additional 64,467 shares during the last quarter. TL Private Wealth increased its stake in First Trust Senior Loan ETF by 1.6% in the fourth quarter. TL Private Wealth now owns 466,873 shares of the company’s stock valued at $21,668,000 after purchasing an additional 7,189 shares during the last quarter. Virtue Capital Management LLC lifted its position in First Trust Senior Loan ETF by 11.1% during the third quarter. Virtue Capital Management LLC now owns 433,590 shares of the company’s stock worth $19,897,000 after buying an additional 43,432 shares during the period. Cyndeo Wealth Partners LLC grew its holdings in First Trust Senior Loan ETF by 4.3% in the third quarter. Cyndeo Wealth Partners LLC now owns 364,394 shares of the company’s stock valued at $16,722,000 after purchasing an additional 15,007 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in shares of First Trust Senior Loan ETF by 3,386.8% during the 3rd quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after buying an additional 330,043 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.1 %

NASDAQ FTSL opened at $46.27 on Friday. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99. The business’s 50-day simple moving average is $46.33 and its 200-day simple moving average is $46.14.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be given a $0.2675 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.