WMS Group LLC Acquires New Stake in First Trust Senior Loan ETF $FTSL

WMS Group LLC acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 90,985 shares of the company’s stock, valued at approximately $4,174,000. First Trust Senior Loan ETF comprises 5.3% of WMS Group LLC’s holdings, making the stock its 5th biggest holding. WMS Group LLC owned about 0.18% of First Trust Senior Loan ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Triumph Capital Management bought a new position in shares of First Trust Senior Loan ETF during the third quarter valued at $26,000. Smartleaf Asset Management LLC bought a new position in First Trust Senior Loan ETF in the 4th quarter worth about $30,000. TD Private Client Wealth LLC bought a new position in First Trust Senior Loan ETF in the 4th quarter worth about $48,000. Pinnacle Bancorp Inc. boosted its stake in First Trust Senior Loan ETF by 233.3% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock worth $50,000 after purchasing an additional 763 shares in the last quarter. Finally, Montag A & Associates Inc. purchased a new stake in First Trust Senior Loan ETF during the 3rd quarter valued at about $95,000.

First Trust Senior Loan ETF Stock Performance

NASDAQ:FTSL opened at $45.00 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.19. The firm has a 50-day simple moving average of $45.04 and a two-hundred day simple moving average of $45.30.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.235 per share. The ex-dividend date was Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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.