Wells Fargo & Company MN Sells 252,896 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Wells Fargo & Company MN cut its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,205,951 shares of the company’s stock after selling 252,896 shares during the quarter. Wells Fargo & Company MN’s holdings in First Trust Senior Loan ETF were worth $55,558,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Flagstar Advisors Inc. increased its holdings in shares of First Trust Senior Loan ETF by 361.2% in the fourth quarter. Flagstar Advisors Inc. now owns 61,938 shares of the company’s stock worth $2,854,000 after purchasing an additional 48,508 shares during the last quarter. Principal Securities Inc. bought a new stake in shares of First Trust Senior Loan ETF in the fourth quarter worth about $522,000. Blackhawk Capital Partners LLC. increased its holdings in shares of First Trust Senior Loan ETF by 0.9% in the third quarter. Blackhawk Capital Partners LLC. now owns 52,879 shares of the company’s stock worth $2,419,000 after purchasing an additional 490 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of First Trust Senior Loan ETF by 8.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 153,025 shares of the company’s stock worth $7,050,000 after purchasing an additional 12,203 shares during the last quarter. Finally, PCG Wealth Advisors LLC increased its holdings in shares of First Trust Senior Loan ETF by 5.9% in the fourth quarter. PCG Wealth Advisors LLC now owns 33,610 shares of the company’s stock worth $1,548,000 after purchasing an additional 1,874 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of FTSL stock opened at $45.99 on Friday. First Trust Senior Loan ETF has a 12-month low of $44.53 and a 12-month high of $46.99. The stock’s 50-day moving average price is $46.16 and its 200-day moving average price is $46.07.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 22nd will be given a $0.2925 dividend. The ex-dividend date is Tuesday, May 21st.

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.