First Trust Senior Loan ETF $FTSL Stock Position Lowered by Hilltop Holdings Inc.

Hilltop Holdings Inc. decreased its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 66.0% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 8,725 shares of the company’s stock after selling 16,965 shares during the period. Hilltop Holdings Inc.’s holdings in First Trust Senior Loan ETF were worth $391,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new stake in shares of First Trust Senior Loan ETF in the third quarter valued at $26,000. Smartleaf Asset Management LLC purchased a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at $30,000. Raleigh Capital Management Inc. acquired a new position in First Trust Senior Loan ETF during the first quarter valued at $30,000. Sound Income Strategies LLC raised its position in First Trust Senior Loan ETF by 140.3% during the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after buying an additional 599 shares during the period. Finally, TD Private Client Wealth LLC purchased a new stake in First Trust Senior Loan ETF in the 4th quarter worth about $48,000.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $44.72 on Tuesday. First Trust Senior Loan ETF has a 1 year low of $44.37 and a 1 year high of $46.15. The stock has a 50-day moving average price of $44.90 and a 200 day moving average price of $45.10.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st will be issued a $0.225 dividend. The ex-dividend date is Tuesday, July 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.