First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Sold by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC lessened its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 7.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 39,337 shares of the company’s stock after selling 3,199 shares during the period. Prosperity Consulting Group LLC’s holdings in First Trust Senior Loan ETF were worth $1,796,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. First Pacific Financial acquired a new stake in First Trust Senior Loan ETF during the first quarter worth approximately $83,000. Sunbelt Securities Inc. lifted its stake in shares of First Trust Senior Loan ETF by 23.1% during the 4th quarter. Sunbelt Securities Inc. now owns 1,860 shares of the company’s stock worth $86,000 after purchasing an additional 349 shares during the period. Mpwm Advisory Solutions LLC acquired a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth $95,000. BNP Paribas Financial Markets purchased a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at $148,000. Finally, NBC Securities Inc. increased its stake in First Trust Senior Loan ETF by 125,100.0% in the first quarter. NBC Securities Inc. now owns 3,756 shares of the company’s stock valued at $171,000 after purchasing an additional 3,753 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL opened at $45.95 on Tuesday. The business’s 50-day moving average price is $45.94 and its 200 day moving average price is $45.89. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.55.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 22nd will be paid a dividend of $0.2525 per share. This represents a $3.03 dividend on an annualized basis and a dividend yield of 6.59%. The ex-dividend date is Tuesday, July 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.