First Trust Senior Loan ETF $FTSL Shares Newly Purchased by Sacks & Associates LLC

Sacks & Associates LLC bought a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) during the 3rd quarter, Holdings Channel reports. The fund bought 104,930 shares of the company’s stock, valued at approximately $4,677,000. First Trust Senior Loan ETF accounts for about 3.3% of Sacks & Associates LLC’s investment portfolio, making the stock its 9th largest holding.

Several other institutional investors also recently modified their holdings of FTSL. First Trust Advisors LP grew its position in shares of First Trust Senior Loan ETF by 15.7% during the 1st quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock worth $57,097,000 after buying an additional 173,354 shares during the period. Envestnet Asset Management Inc. lifted its holdings in First Trust Senior Loan ETF by 5.6% in the second quarter. Envestnet Asset Management Inc. now owns 884,010 shares of the company’s stock valued at $39,559,000 after buying an additional 47,005 shares during the period. Concurrent Investment Advisors LLC boosted its stake in First Trust Senior Loan ETF by 107.3% in the second quarter. Concurrent Investment Advisors LLC now owns 593,455 shares of the company’s stock valued at $26,557,000 after acquiring an additional 307,204 shares during the last quarter. TL Private Wealth boosted its stake in First Trust Senior Loan ETF by 7.7% in the second quarter. TL Private Wealth now owns 579,910 shares of the company’s stock valued at $25,974,000 after acquiring an additional 41,544 shares during the last quarter. Finally, Fairvoy Private Wealth LLC grew its holdings in First Trust Senior Loan ETF by 8.7% during the 1st quarter. Fairvoy Private Wealth LLC now owns 336,512 shares of the company’s stock worth $15,076,000 after acquiring an additional 27,040 shares during the period.

First Trust Senior Loan ETF Trading Up 0.0%

Shares of First Trust Senior Loan ETF stock opened at $44.64 on Friday. The firm has a fifty day moving average of $44.84 and a two-hundred day moving average of $44.91. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.09.

First Trust Senior Loan ETF Dividend Announcement

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

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.