Coppell Advisory Solutions LLC Sells 3,282 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Coppell Advisory Solutions LLC trimmed its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,100 shares of the company’s stock after selling 3,282 shares during the period. Coppell Advisory Solutions LLC owned 0.12% of First Trust Senior Loan ETF worth $2,920,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of FTSL. Pine Valley Investments Ltd Liability Co raised its position in shares of First Trust Senior Loan ETF by 64.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 137,175 shares of the company’s stock valued at $6,295,000 after acquiring an additional 53,803 shares during the last quarter. Little Harbor Advisors LLC grew its stake in shares of First Trust Senior Loan ETF by 8.0% during the third quarter. Little Harbor Advisors LLC now owns 143,155 shares of the company’s stock worth $6,569,000 after purchasing an additional 10,604 shares during the period. JPMorgan Chase & Co. increased its holdings in First Trust Senior Loan ETF by 238.2% in 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 last quarter. HBW Advisory Services LLC lifted its stake in First Trust Senior Loan ETF by 3.9% in the fourth quarter. HBW Advisory Services LLC now owns 15,252 shares of the company’s stock valued at $705,000 after buying an additional 567 shares during the period. Finally, Boyce & Associates Wealth Consulting Inc. boosted its holdings in First Trust Senior Loan ETF by 29.0% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 22,534 shares of the company’s stock worth $1,042,000 after buying an additional 5,060 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 0.5 %

Shares of FTSL stock opened at $45.18 on Wednesday. The stock has a 50-day moving average of $45.70 and a 200-day moving average of $46.06. First Trust Senior Loan ETF has a one year low of $44.30 and a one year high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd will be paid a $0.2575 dividend. This represents a $3.09 annualized dividend and a yield of 6.84%. The ex-dividend date of this dividend is Tuesday, April 22nd.

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.