Legacy Capital Wealth Partners LLC Sells 2,544 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Legacy Capital Wealth Partners LLC reduced its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 6.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 34,845 shares of the company’s stock after selling 2,544 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in First Trust Senior Loan ETF were worth $1,599,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Larson Financial Group LLC bought a new stake in shares of First Trust Senior Loan ETF during the second quarter valued at approximately $27,000. Farmers & Merchants Investments Inc. acquired a new position in First Trust Senior Loan ETF in the second quarter valued at approximately $46,000. Trust Co. of Vermont acquired a new position in First Trust Senior Loan ETF in the third quarter valued at approximately $81,000. Consultiva Wealth Management CORP. acquired a new position in First Trust Senior Loan ETF in the first quarter valued at approximately $100,000. Finally, Register Financial Advisors LLC acquired a new position in First Trust Senior Loan ETF in the second quarter valued at approximately $115,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $46.34 on Friday. The company’s 50 day simple moving average is $46.07 and its 200 day simple moving average is $46.03. First Trust Senior Loan ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were issued a $0.29 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $3.48 annualized dividend and a yield of 7.51%.

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.