MML Investors Services LLC Trims Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

MML Investors Services LLC reduced its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,740 shares of the company’s stock after selling 3,954 shares during the period. MML Investors Services LLC owned 0.20% of First Trust Senior Loan ETF worth $4,210,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Legacy Investment Solutions LLC purchased a new position in First Trust Senior Loan ETF during the third quarter valued at approximately $2,786,000. Jane Street Group LLC lifted its stake in shares of First Trust Senior Loan ETF by 24.8% during the 3rd quarter. Jane Street Group LLC now owns 126,138 shares of the company’s stock valued at $5,788,000 after buying an additional 25,052 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in First Trust Senior Loan ETF by 12.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 582,473 shares of the company’s stock worth $26,730,000 after buying an additional 64,467 shares during the period. Integrated Wealth Concepts LLC increased its stake in First Trust Senior Loan ETF by 131.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,632 shares of the company’s stock worth $671,000 after buying an additional 8,314 shares in the last quarter. Finally, Hilltop Holdings Inc. raised its holdings in First Trust Senior Loan ETF by 212.9% during the third quarter. Hilltop Holdings Inc. now owns 18,541 shares of the company’s stock valued at $851,000 after acquiring an additional 12,615 shares during the period.

First Trust Senior Loan ETF Stock Up 0.0 %

NASDAQ FTSL opened at $46.22 on Friday. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.99. The business has a 50-day moving average price of $46.22 and a 200-day moving average price of $46.07.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Friday, December 13th.

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.