Blackhawk Capital Partners LLC Reduces Stock Holdings in First Trust Senior Loan ETF $FTSL

Blackhawk Capital Partners LLC cut its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 71.2% during the first quarter, Holdings Channel.com reports. The firm owned 46,978 shares of the company’s stock after selling 116,232 shares during the quarter. Blackhawk Capital Partners LLC’s holdings in First Trust Senior Loan ETF were worth $2,105,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Triumph Capital Management acquired a new position in First Trust Senior Loan ETF in the 3rd quarter valued at about $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the 1st quarter worth approximately $30,000. Smartleaf Asset Management LLC purchased a new stake in shares of First Trust Senior Loan ETF during the 4th quarter valued at approximately $30,000. Sound Income Strategies LLC raised its position in shares of First Trust Senior Loan ETF by 140.3% during the 1st quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after buying an additional 599 shares during the period. Finally, TD Private Client Wealth LLC acquired a new position in First Trust Senior Loan ETF in the fourth quarter valued at approximately $48,000.

First Trust Senior Loan ETF Trading Down 0.1%

FTSL opened at $44.93 on Thursday. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.19. The business’s 50 day moving average price is $44.96 and its 200 day moving average price is $45.16.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.23 dividend. The ex-dividend date was Thursday, June 25th.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.