U.S. Capital Wealth Advisors LLC Increases Holdings in First Trust Senior Loan ETF $FTSL

U.S. Capital Wealth Advisors LLC boosted its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 36.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,401 shares of the company’s stock after acquiring an additional 32,963 shares during the quarter. U.S. Capital Wealth Advisors LLC owned about 0.24% of First Trust Senior Loan ETF worth $5,703,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSL. Asset Dedication LLC acquired a new position in First Trust Senior Loan ETF in the second quarter worth $28,000. Sachetta LLC boosted its holdings in shares of First Trust Senior Loan ETF by 293.4% in the second quarter. Sachetta LLC now owns 771 shares of the company’s stock valued at $35,000 after acquiring an additional 575 shares in the last quarter. GoalVest Advisory LLC bought a new position in First Trust Senior Loan ETF during the 2nd quarter valued at $43,000. AdvisorNet Financial Inc bought a new position in First Trust Senior Loan ETF during the second quarter valued at about $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of First Trust Senior Loan ETF by 459.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock valued at $71,000 after purchasing an additional 1,274 shares in the last quarter.

First Trust Senior Loan ETF Stock Performance

First Trust Senior Loan ETF stock opened at $45.83 on Friday. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.55. The firm’s 50 day moving average price is $45.85 and its two-hundred day moving average price is $45.93.

First Trust Senior Loan ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a $0.24 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Friday, December 12th.

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.