Prospera Financial Services Inc Sells 77,744 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Prospera Financial Services Inc lowered its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 38.8% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 122,734 shares of the company’s stock after selling 77,744 shares during the period. Prospera Financial Services Inc’s holdings in First Trust Senior Loan ETF were worth $5,634,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC bought a new stake in shares of First Trust Senior Loan ETF in the 2nd quarter worth approximately $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Senior Loan ETF in the second quarter valued at $46,000. Trust Co. of Vermont bought a new position in First Trust Senior Loan ETF in the third quarter worth $81,000. Peterson Financial Group Inc. acquired a new stake in First Trust Senior Loan ETF during the third quarter worth $98,000. Finally, Consultiva Wealth Management CORP. bought a new stake in First Trust Senior Loan ETF in the 1st quarter valued at $100,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $46.43 on Wednesday. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99. The business has a fifty day moving average of $46.13 and a two-hundred day moving average of $46.05.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were issued a dividend of $0.29 per share. This represents a $3.48 annualized dividend and a yield of 7.50%. The ex-dividend date was Tuesday, October 22nd.

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.