B. Riley Wealth Advisors Inc. Sells 12,603 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

B. Riley Wealth Advisors Inc. lessened its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 22.5% during the third quarter, Holdings Channel.com reports. The fund owned 43,333 shares of the company’s stock after selling 12,603 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in First Trust Senior Loan ETF were worth $1,991,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Little Harbor Advisors LLC grew its holdings in First Trust Senior Loan ETF by 8.0% in the 3rd quarter. Little Harbor Advisors LLC now owns 143,155 shares of the company’s stock worth $6,569,000 after acquiring an additional 10,604 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its stake in shares of First Trust Senior Loan ETF by 64.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 137,175 shares of the company’s stock valued at $6,295,000 after purchasing an additional 53,803 shares in the last quarter. Virtue Capital Management LLC boosted its stake in shares of First Trust Senior Loan ETF by 11.1% during the 3rd quarter. Virtue Capital Management LLC now owns 433,590 shares of the company’s stock valued at $19,897,000 after purchasing an additional 43,432 shares in the last quarter. Arete Wealth Advisors LLC boosted its stake in shares of First Trust Senior Loan ETF by 19.3% during the 3rd quarter. Arete Wealth Advisors LLC now owns 36,856 shares of the company’s stock valued at $1,692,000 after purchasing an additional 5,975 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter valued at about $2,786,000.

First Trust Senior Loan ETF Stock Down 0.6 %

Shares of FTSL opened at $46.22 on Monday. The firm’s 50-day moving average price is $46.22 and its 200-day moving average price is $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 disclosed 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 is Friday, December 13th.

First Trust Senior Loan ETF 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.