Nations Financial Group Inc. IA ADV Increases Stock Holdings in First Trust Senior Loan ETF $FTSL

Nations Financial Group Inc. IA ADV increased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 11.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 147,495 shares of the company’s stock after acquiring an additional 15,351 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust Senior Loan ETF were worth $6,761,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Dedication LLC acquired a new stake in shares of First Trust Senior Loan ETF during the second quarter valued at about $28,000. Sachetta LLC boosted its position in shares of First Trust Senior Loan ETF by 293.4% during the second quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after buying an additional 575 shares during the period. GoalVest Advisory LLC purchased a new stake in shares of First Trust Senior Loan ETF in the 2nd quarter valued at $43,000. AdvisorNet Financial Inc acquired a new position in First Trust Senior Loan ETF during the 2nd quarter worth about $45,000. Finally, Qube Research & Technologies Ltd grew its position in First Trust Senior Loan ETF by 111.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock valued at $149,000 after acquiring an additional 1,714 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $46.08 on Friday. First Trust Senior Loan ETF has a one year low of $44.30 and a one year high of $46.52. The firm has a 50 day simple moving average of $45.93 and a 200-day simple moving average of $45.94.

First Trust Senior Loan ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.24 dividend. The ex-dividend date of this dividend was Friday, December 12th. 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.