CoreCap Advisors LLC Boosts Stock Holdings in First Trust Senior Loan ETF $FTSL

CoreCap Advisors LLC increased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 27.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 181,832 shares of the company’s stock after acquiring an additional 39,686 shares during the period. CoreCap Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $8,104,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC boosted its position in First Trust Senior Loan ETF by 18.0% in the second quarter. NewEdge Advisors LLC now owns 300,787 shares of the company’s stock worth $13,460,000 after purchasing an additional 45,806 shares during the last quarter. Compass Financial Management LLC bought a new stake in shares of First Trust Senior Loan ETF during the 2nd quarter worth $1,212,000. Impact Partnership Wealth LLC raised its stake in shares of First Trust Senior Loan ETF by 31.9% during the 1st quarter. Impact Partnership Wealth LLC now owns 48,295 shares of the company’s stock worth $2,164,000 after purchasing an additional 11,683 shares during the period. Stenger Family Office LLC purchased a new position in shares of First Trust Senior Loan ETF in the 1st quarter worth about $2,005,000. Finally, WMS Group LLC purchased a new position in shares of First Trust Senior Loan ETF in the 4th quarter worth about $4,174,000.

First Trust Senior Loan ETF Price Performance

FTSL traded up $0.05 during trading on Thursday, hitting $44.63. 448,215 shares of the company traded hands, compared to its average volume of 301,538. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.09. The stock’s fifty day moving average is $44.85 and its 200 day moving average is $44.91.

First Trust Senior Loan ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a dividend of $0.2250 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend was Thursday, September 24th.

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.