First Trust Senior Loan ETF (NASDAQ:FTSL) Stock Holdings Lowered by Lincoln National Corp

Lincoln National Corp cut its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 47.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,729 shares of the company’s stock after selling 17,517 shares during the quarter. Lincoln National Corp’s holdings in First Trust Senior Loan ETF were worth $909,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its stake in shares of First Trust Senior Loan ETF by 3,740.3% during the fourth quarter. International Assets Investment Management LLC now owns 452,585 shares of the company’s stock valued at $20,851,000 after purchasing an additional 440,800 shares in the last quarter. Wright Fund Management LLC bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $11,421,000. One Capital Management LLC lifted its stake in shares of First Trust Senior Loan ETF by 26.4% in the 3rd quarter. One Capital Management LLC now owns 981,470 shares of the company’s stock worth $44,892,000 after acquiring an additional 205,280 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Senior Loan ETF by 27.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 921,265 shares of the company’s stock valued at $42,443,000 after acquiring an additional 199,059 shares in the last quarter. Finally, Tower Wealth Partners Inc. acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $8,841,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $46.26 on Friday. First Trust Senior Loan ETF has a 12 month low of $44.53 and a 12 month high of $46.99. The stock’s 50 day moving average price is $46.19 and its 200 day moving average price is $46.02.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were paid a $0.295 dividend. This represents a $3.54 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date of this dividend was Tuesday, April 23rd.

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.