Petix & Botte Co Has $4.84 Million Stock Holdings in First Trust Senior Loan ETF $FTSL

Petix & Botte Co raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 14.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 105,541 shares of the company’s stock after purchasing an additional 13,183 shares during the period. First Trust Senior Loan ETF accounts for approximately 1.1% of Petix & Botte Co’s holdings, making the stock its 27th biggest holding. Petix & Botte Co’s holdings in First Trust Senior Loan ETF were worth $4,838,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Triumph Capital Management acquired a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $26,000. Asset Dedication LLC acquired a new stake in shares of First Trust Senior Loan ETF during the second quarter worth $28,000. Montag A & Associates Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the third quarter worth $95,000. National Bank of Canada FI bought a new stake in First Trust Senior Loan ETF in the third quarter valued at about $128,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in First Trust Senior Loan ETF in the third quarter valued at about $137,000.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $45.02 on Wednesday. First Trust Senior Loan ETF has a 1-year low of $44.30 and a 1-year high of $46.19. The business’s 50-day moving average price is $45.37 and its two-hundred day moving average price is $45.71.

First Trust Senior Loan ETF Announces Dividend

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

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.