Apollon Wealth Management LLC Sells 3,234 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Apollon Wealth Management LLC decreased its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 27.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,375 shares of the company’s stock after selling 3,234 shares during the period. Apollon Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $387,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FTSL. International Assets Investment Management LLC increased its stake in shares of First Trust Senior Loan ETF by 3,386.8% during the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock valued at $15,593,000 after purchasing an additional 330,043 shares in the last quarter. Fairvoy Private Wealth LLC bought a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $11,889,000. JPMorgan Chase & Co. increased its stake in shares of First Trust Senior Loan ETF by 238.2% during the third quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock valued at $8,815,000 after purchasing an additional 135,283 shares in the last quarter. Capital Investment Counsel LLC grew its holdings in shares of First Trust Senior Loan ETF by 95.3% during the fourth quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock valued at $12,680,000 after buying an additional 133,813 shares during the last quarter. Finally, Asset Allocation & Management Company LLC grew its holdings in shares of First Trust Senior Loan ETF by 561.4% during the third quarter. Asset Allocation & Management Company LLC now owns 112,440 shares of the company’s stock valued at $5,160,000 after buying an additional 95,440 shares during the last quarter.

First Trust Senior Loan ETF Trading Up 0.1 %

NASDAQ:FTSL opened at $46.25 on Friday. The company’s 50 day moving average price is $46.30 and its 200-day moving average price is $46.15. First Trust Senior Loan ETF has a 52 week low of $45.23 and a 52 week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were issued a dividend of $0.2675 per share. The ex-dividend date was Wednesday, January 22nd.

First Trust Senior Loan ETF Company 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.