First Trust Senior Loan ETF (NASDAQ:FTSL) Stock Holdings Reduced by Asset Allocation & Management Company LLC

Asset Allocation & Management Company LLC lowered its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,140 shares of the company’s stock after selling 6,300 shares during the quarter. First Trust Senior Loan ETF makes up approximately 2.7% of Asset Allocation & Management Company LLC’s holdings, making the stock its 8th biggest position. Asset Allocation & Management Company LLC owned about 0.21% of First Trust Senior Loan ETF worth $4,908,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Trust Co. of Vermont acquired a new stake in shares of First Trust Senior Loan ETF in the third quarter worth about $81,000. Peterson Financial Group Inc. acquired a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $98,000. NBC Securities Inc. lifted its position in shares of First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after purchasing an additional 239 shares during the last quarter. Stephens Inc. AR lifted its position in shares of First Trust Senior Loan ETF by 6.5% during the 3rd quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock worth $226,000 after purchasing an additional 300 shares during the last quarter. Finally, PFG Investments LLC acquired a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $230,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL traded down $0.08 during trading hours on Monday, hitting $46.31. 66,200 shares of the company’s stock were exchanged, compared to its average volume of 309,796. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99. The company’s 50-day moving average price is $46.31 and its 200-day moving average price is $46.10.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.275 dividend. The ex-dividend date was Friday, December 13th.

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.