Garden State Investment Advisory Services LLC Sells 3,996 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Garden State Investment Advisory Services LLC lessened its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 30.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 9,288 shares of the company’s stock after selling 3,996 shares during the period. Garden State Investment Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $426,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its position in shares of First Trust Senior Loan ETF by 31.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 124,979 shares of the company’s stock valued at $5,713,000 after buying an additional 30,172 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of First Trust Senior Loan ETF by 7.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 48,531 shares of the company’s stock valued at $2,218,000 after purchasing an additional 3,237 shares in the last quarter. Brookstone Capital Management lifted its position in shares of First Trust Senior Loan ETF by 1,311.9% in the second quarter. Brookstone Capital Management now owns 165,350 shares of the company’s stock worth $7,638,000 after buying an additional 153,639 shares in the last quarter. Saxon Interests Inc. boosted its stake in First Trust Senior Loan ETF by 5.5% during the second quarter. Saxon Interests Inc. now owns 49,634 shares of the company’s stock valued at $2,269,000 after buying an additional 2,592 shares during the last quarter. Finally, WealthCare Investment Partners LLC grew its holdings in First Trust Senior Loan ETF by 4.2% during the 2nd quarter. WealthCare Investment Partners LLC now owns 24,573 shares of the company’s stock valued at $1,123,000 after buying an additional 983 shares in the last quarter.

First Trust Senior Loan ETF Stock Down 0.5 %

Shares of FTSL traded down $0.25 during mid-day trading on Friday, hitting $46.23. 70,692 shares of the stock were exchanged, compared to its average volume of 277,317. The firm has a 50-day moving average of $46.22 and a two-hundred day moving average of $46.07. First Trust Senior Loan ETF has a 52-week low of $45.23 and a 52-week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, November 21st.

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.