Colorado Capital Management Inc. Has $3.46 Million Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Colorado Capital Management Inc. cut its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 10.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,898 shares of the company’s stock after selling 8,682 shares during the period. First Trust Senior Loan ETF accounts for 2.0% of Colorado Capital Management Inc.’s portfolio, making the stock its 17th largest holding. Colorado Capital Management Inc.’s holdings in First Trust Senior Loan ETF were worth $3,461,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. Tidemark LLC acquired a new position in shares of First Trust Senior Loan ETF in the fourth quarter valued at $33,000. Assetmark Inc. grew its stake in First Trust Senior Loan ETF by 189.5% in the 4th quarter. Assetmark Inc. now owns 770 shares of the company’s stock valued at $35,000 after buying an additional 504 shares during the last quarter. Whittier Trust Co. bought a new position in First Trust Senior Loan ETF in the 4th quarter valued at about $36,000. Sachetta LLC acquired a new stake in First Trust Senior Loan ETF during the fourth quarter worth approximately $61,000. Finally, Consultiva Wealth Management CORP. bought a new stake in shares of First Trust Senior Loan ETF during the third quarter worth approximately $99,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL remained flat at $45.71 during trading hours on Thursday. The stock had a trading volume of 261,878 shares, compared to its average volume of 292,363. The company’s 50 day simple moving average is $46.10 and its two-hundred day simple moving average is $46.11. First Trust Senior Loan ETF has a one year low of $45.01 and a one year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 27th will be paid a $0.2875 dividend. The ex-dividend date is Thursday, June 27th.

About First Trust Senior Loan ETF

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.