Osaic Holdings Inc. Sells 53,211 Shares of First Trust Senior Loan ETF $FTSL

Osaic Holdings Inc. reduced its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 548,078 shares of the company’s stock after selling 53,211 shares during the period. Osaic Holdings Inc. owned approximately 1.06% of First Trust Senior Loan ETF worth $25,150,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Dedication LLC bought a new position in First Trust Senior Loan ETF during the second quarter valued at $28,000. Sachetta LLC lifted its holdings in shares of First Trust Senior Loan ETF by 293.4% during the 2nd quarter. Sachetta LLC now owns 771 shares of the company’s stock valued at $35,000 after purchasing an additional 575 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in First Trust Senior Loan ETF in the second quarter worth about $43,000. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Senior Loan ETF during the second quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 459.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock worth $71,000 after purchasing an additional 1,274 shares during the period.

First Trust Senior Loan ETF Trading Down 0.1%

NASDAQ FTSL opened at $45.79 on Thursday. The stock has a 50-day simple moving average of $45.85 and a two-hundred day simple moving average of $45.93. First Trust Senior Loan ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.55.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a dividend of $0.24 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, December 12th.

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.