Paradigm Financial Partners LLC Has $2.98 Million Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Paradigm Financial Partners LLC lowered its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,752 shares of the company’s stock after selling 996 shares during the period. Paradigm Financial Partners LLC owned about 0.14% of First Trust Senior Loan ETF worth $2,983,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC increased its holdings in shares of First Trust Senior Loan ETF by 3,740.3% during the fourth quarter. International Assets Investment Management LLC now owns 452,585 shares of the company’s stock worth $20,851,000 after buying an additional 440,800 shares in the last quarter. Wright Fund Management LLC acquired a new stake in shares of First Trust Senior Loan ETF during the third quarter valued at about $11,421,000. One Capital Management LLC boosted its stake in shares of First Trust Senior Loan ETF by 26.4% during the third quarter. One Capital Management LLC now owns 981,470 shares of the company’s stock valued at $44,892,000 after purchasing an additional 205,280 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of First Trust Senior Loan ETF by 27.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 921,265 shares of the company’s stock worth $42,443,000 after purchasing an additional 199,059 shares during the last quarter. Finally, Tower Wealth Partners Inc. bought a new position in First Trust Senior Loan ETF in the 4th quarter valued at approximately $8,841,000.

First Trust Senior Loan ETF Trading Up 0.1 %

FTSL traded up $0.04 during trading on Friday, reaching $46.03. 183,744 shares of the company’s stock were exchanged, compared to its average volume of 321,345. First Trust Senior Loan ETF has a one year low of $44.53 and a one year high of $46.99. The firm has a fifty day moving average price of $46.18 and a two-hundred day moving average price of $45.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th will be paid a $0.295 dividend. The ex-dividend date is Tuesday, April 23rd. This represents a $3.54 annualized dividend and a dividend yield of 7.69%.

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.