Welch & Forbes LLC Decreases Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Welch & Forbes LLC cut its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 375,047 shares of the company’s stock after selling 11,751 shares during the quarter. Welch & Forbes LLC owned 1.05% of First Trust Senior Loan ETF worth $17,972,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FTSL. FTB Advisors Inc. purchased a new position in shares of First Trust Senior Loan ETF during the 3rd quarter valued at approximately $33,000. Acorn Wealth Advisors LLC acquired a new stake in First Trust Senior Loan ETF in the 3rd quarter valued at $201,000. Vista Investment Management acquired a new stake in First Trust Senior Loan ETF in the 3rd quarter valued at $219,000. We Are One Seven LLC acquired a new stake in First Trust Senior Loan ETF in the 4th quarter valued at $231,000. Finally, Financial Gravity Wealth Inc. grew its stake in First Trust Senior Loan ETF by 22,540.9% in the 3rd quarter. Financial Gravity Wealth Inc. now owns 4,981 shares of the company’s stock valued at $236,000 after acquiring an additional 4,959 shares during the period.

FTSL traded up $0.05 on Friday, hitting $48.09. 300 shares of the company’s stock were exchanged, compared to its average volume of 283,355. First Trust Senior Loan ETF has a fifty-two week low of $46.68 and a fifty-two week high of $48.21. The firm has a 50-day moving average price of $47.83 and a 200-day moving average price of $47.42.

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a dividend of $0.155 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.86 annualized dividend and a yield of 3.87%.

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Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

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