55,358 Shares in First Trust Senior Loan ETF $FTSL Bought by TrueWealth Financial Partners

TrueWealth Financial Partners acquired a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSLFree Report) during the fourth quarter, HoldingsChannel reports. The firm acquired 55,358 shares of the company’s stock, valued at approximately $2,540,000. First Trust Senior Loan ETF comprises 2.1% of TrueWealth Financial Partners’ holdings, making the stock its 15th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Triumph Capital Management acquired a new stake in shares of First Trust Senior Loan ETF during the third quarter worth $26,000. Pinnacle Bancorp Inc. raised its holdings in shares of First Trust Senior Loan ETF by 233.3% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock worth $50,000 after acquiring an additional 763 shares during the period. Montag A & Associates Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the third quarter worth $95,000. Topsail Wealth Management LLC acquired a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth $101,000. Finally, National Bank of Canada FI acquired a new stake in shares of First Trust Senior Loan ETF during the third quarter worth $128,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ:FTSL opened at $45.20 on Thursday. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.19. The company’s fifty day simple moving average is $44.98 and its 200 day simple moving average is $45.46.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were paid a $0.235 dividend. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date was Tuesday, April 21st.

First Trust Senior Loan ETF Company Profile

(Free Report)

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.

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

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