MML Investors Services LLC Sells 11,433 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

MML Investors Services LLC trimmed its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 18.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,051 shares of the company’s stock after selling 11,433 shares during the period. MML Investors Services LLC owned about 0.15% of First Trust Senior Loan ETF worth $2,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Suntrust Banks Inc. bought a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $215,000. Bank of America Corp DE raised its holdings in shares of First Trust Senior Loan ETF by 0.7% in the 4th quarter. Bank of America Corp DE now owns 1,322,374 shares of the company’s stock valued at $60,195,000 after purchasing an additional 9,451 shares in the last quarter. Two Sigma Securities LLC bought a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $1,133,000. PRW Wealth Management LLC bought a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $536,000. Finally, Semmax Financial Advisors Inc. bought a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $620,000.

Shares of NASDAQ:FTSL traded up $0.04 during trading hours on Monday, hitting $47.84. The company’s stock had a trading volume of 121,050 shares, compared to its average volume of 268,276. First Trust Senior Loan ETF has a 52 week low of $45.32 and a 52 week high of $48.32.

The company also recently disclosed a monthly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 22nd were paid a dividend of $0.1925 per share. This represents a $2.31 annualized dividend and a dividend yield of 4.83%. The ex-dividend date was Thursday, March 21st. This is a positive change from First Trust Senior Loan ETF’s previous monthly dividend of $0.18.

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Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

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