HighTower Advisors LLC Buys 28,477 Shares of First Trust Senior Loan ETF $FTSL

HighTower Advisors LLC boosted its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 30.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 122,646 shares of the company’s stock after purchasing an additional 28,477 shares during the period. HighTower Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $5,627,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cozad Asset Management Inc. lifted its holdings in First Trust Senior Loan ETF by 2.0% during the 3rd quarter. Cozad Asset Management Inc. now owns 11,957 shares of the company’s stock valued at $548,000 after buying an additional 233 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in First Trust Senior Loan ETF by 0.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 44,136 shares of the company’s stock valued at $2,023,000 after buying an additional 234 shares in the last quarter. Integrated Advisors Network LLC lifted its holdings in First Trust Senior Loan ETF by 0.4% during the 3rd quarter. Integrated Advisors Network LLC now owns 69,505 shares of the company’s stock valued at $3,186,000 after buying an additional 251 shares in the last quarter. Strategic Blueprint LLC lifted its holdings in First Trust Senior Loan ETF by 1.5% during the 4th quarter. Strategic Blueprint LLC now owns 17,428 shares of the company’s stock valued at $800,000 after buying an additional 262 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its holdings in First Trust Senior Loan ETF by 4.5% during the 3rd quarter. CreativeOne Wealth LLC now owns 7,186 shares of the company’s stock valued at $329,000 after buying an additional 311 shares in the last quarter.

First Trust Senior Loan ETF Trading Up 0.1%

Shares of FTSL opened at $44.96 on Thursday. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.19. The company has a 50-day moving average of $45.01 and a 200 day moving average of $45.41.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be issued a dividend of $0.235 per share. The ex-dividend date is Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 6.3%.

About First Trust Senior Loan ETF

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.