First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC grew its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,284 shares of the company’s stock after purchasing an additional 902 shares during the period. Private Advisor Group LLC owned approximately 0.21% of First Trust Senior Loan ETF worth $4,620,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC grew its stake in shares of First Trust Senior Loan ETF by 3,740.3% in the fourth quarter. International Assets Investment Management LLC now owns 452,585 shares of the company’s stock worth $20,851,000 after acquiring an additional 440,800 shares in the last quarter. Wright Fund Management LLC purchased a new position in shares of First Trust Senior Loan ETF during the third quarter worth approximately $11,421,000. One Capital Management LLC grew its position in First Trust Senior Loan ETF by 26.4% during the 3rd quarter. One Capital Management LLC now owns 981,470 shares of the company’s stock worth $44,892,000 after purchasing an additional 205,280 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in First Trust Senior Loan ETF by 27.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 921,265 shares of the company’s stock valued at $42,443,000 after purchasing an additional 199,059 shares during the period. Finally, Tower Wealth Partners Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at about $8,841,000.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock opened at $46.26 on Friday. First Trust Senior Loan ETF has a 52-week low of $44.53 and a 52-week high of $46.99. The stock’s 50-day moving average price is $46.19 and its 200 day moving average price is $46.02.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were issued a $0.295 dividend. This represents a $3.54 annualized dividend and a dividend yield of 7.65%. The ex-dividend date was Tuesday, April 23rd.

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.