Gray Wealth Management Inc. Has $325,000 Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Gray Wealth Management Inc. trimmed its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 10.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,050 shares of the company’s stock after selling 800 shares during the quarter. Gray Wealth Management Inc.’s holdings in First Trust Senior Loan ETF were worth $325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in FTSL. Aurora Private Wealth Inc. lifted its stake in First Trust Senior Loan ETF by 20.4% in the fourth quarter. Aurora Private Wealth Inc. now owns 64,051 shares of the company’s stock valued at $2,951,000 after acquiring an additional 10,867 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of First Trust Senior Loan ETF by 11.3% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 32,639 shares of the company’s stock valued at $1,504,000 after purchasing an additional 3,319 shares during the last quarter. PCG Wealth Advisors LLC lifted its stake in shares of First Trust Senior Loan ETF by 5.9% in the 4th quarter. PCG Wealth Advisors LLC now owns 33,610 shares of the company’s stock valued at $1,548,000 after purchasing an additional 1,874 shares during the last quarter. Koshinski Asset Management Inc. boosted its holdings in First Trust Senior Loan ETF by 64.6% in the fourth quarter. Koshinski Asset Management Inc. now owns 17,009 shares of the company’s stock worth $784,000 after purchasing an additional 6,676 shares in the last quarter. Finally, DHK Financial Advisors Inc. increased its position in First Trust Senior Loan ETF by 2.0% during the fourth quarter. DHK Financial Advisors Inc. now owns 51,158 shares of the company’s stock worth $2,357,000 after buying an additional 985 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL traded up $0.06 during trading on Thursday, hitting $46.22. 435,979 shares of the company traded hands, compared to its average volume of 331,337. First Trust Senior Loan ETF has a 12 month low of $44.53 and a 12 month high of $46.99. The business has a fifty day simple moving average of $46.17 and a 200 day simple moving average of $45.97.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.30 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 7.79%. The ex-dividend date was Thursday, March 21st.

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.