Sanctuary Advisors LLC Sells 5,269 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Posted by Tech Dows on Dec 17th, 2024

Sanctuary Advisors LLC cut its stake in First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,178 shares of the company’s stock after selling 5,269 shares during the quarter. Sanctuary Advisors LLC owned 0.19% of First Trust Senior Loan ETF worth $4,032,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Larson Financial Group LLC bought a new stake in First Trust Senior Loan ETF in the second quarter valued at approximately $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Senior Loan ETF in the 2nd quarter valued at $46,000. Trust Co. of Vermont bought a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $81,000. Peterson Financial Group Inc. acquired a new stake in First Trust Senior Loan ETF during the 3rd quarter worth $98,000. Finally, NBC Securities Inc. lifted its holdings in First Trust Senior Loan ETF by 6.9% during the third quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after acquiring an additional 239 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $46.23 on Tuesday. The stock has a 50-day moving average price of $46.23 and a two-hundred day moving average price of $46.07. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Senior Loan ETF

(Free Report)

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.