New England Private Wealth Advisors LLC Makes New $3.83 Million Investment in First Trust Senior Loan ETF $FTSL

New England Private Wealth Advisors LLC bought a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 83,619 shares of the company’s stock, valued at approximately $3,833,000. New England Private Wealth Advisors LLC owned about 0.16% of First Trust Senior Loan ETF 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 bought a new stake in shares of First Trust Senior Loan ETF in the second quarter worth $28,000. Montag A & Associates Inc. bought a new position in First Trust Senior Loan ETF in the third quarter valued at about $95,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in First Trust Senior Loan ETF in the third quarter valued at about $137,000. Qube Research & Technologies Ltd boosted its position in First Trust Senior Loan ETF by 111.5% in the second quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after purchasing an additional 1,714 shares during the last quarter. Finally, CX Institutional purchased a new position in First Trust Senior Loan ETF in the third quarter worth about $149,000.

First Trust Senior Loan ETF Stock Performance

First Trust Senior Loan ETF stock opened at $44.81 on Monday. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.19. The business has a 50-day simple moving average of $45.51 and a two-hundred day simple moving average of $45.76.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

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.