First Trust Senior Loan ETF $FTSL Shares Bought by TL Private Wealth

TL Private Wealth lifted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.6% during the fourth quarter, HoldingsChannel reports. The firm owned 534,764 shares of the company’s stock after purchasing an additional 18,521 shares during the quarter. First Trust Senior Loan ETF comprises about 9.5% of TL Private Wealth’s holdings, making the stock its 4th largest holding. TL Private Wealth’s holdings in First Trust Senior Loan ETF were worth $24,631,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Triumph Capital Management acquired a new stake in First Trust Senior Loan ETF during the 3rd quarter valued at $26,000. Asset Dedication LLC acquired a new position in First Trust Senior Loan ETF in the 2nd quarter worth $28,000. Montag A & Associates Inc. purchased a new position in First Trust Senior Loan ETF in the 3rd quarter valued at about $95,000. National Bank of Canada FI purchased a new position in First Trust Senior Loan ETF in the 3rd quarter valued at about $128,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of First Trust Senior Loan ETF during the third quarter valued at about $137,000.

First Trust Senior Loan ETF Stock Down 0.1%

Shares of NASDAQ FTSL opened at $44.94 on Wednesday. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.19. The stock’s 50-day simple moving average is $45.26 and its 200-day simple moving average is $45.67.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Friday, February 20th.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.