First Trust Senior Loan ETF $FTSL Holdings Boosted by NewEdge Advisors LLC

NewEdge Advisors LLC raised its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 18.0% in the second quarter, HoldingsChannel.com reports. The fund owned 300,787 shares of the company’s stock after buying an additional 45,806 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $13,460,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter worth approximately $26,000. Continuum Advisory LLC bought a new stake in First Trust Senior Loan ETF in the second quarter valued at $28,000. Raleigh Capital Management Inc. acquired a new position in shares of First Trust Senior Loan ETF during the first quarter valued at $30,000. Smartleaf Asset Management LLC acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at $30,000. Finally, Sound Income Strategies LLC grew its position in shares of First Trust Senior Loan ETF by 140.3% during the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock worth $46,000 after acquiring an additional 599 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ:FTSL opened at $44.95 on Friday. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.15. The firm’s 50 day moving average is $44.88 and its two-hundred day moving average is $44.92.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were paid a dividend of $0.225 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date was Friday, August 21st.

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