Stenger Family Office LLC Buys Shares of 44,750 First Trust Senior Loan ETF $FTSL

Stenger Family Office LLC purchased a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 1st quarter, Holdings Channel reports. The firm purchased 44,750 shares of the company’s stock, valued at approximately $2,005,000.

Several other institutional investors also recently modified their holdings of FTSL. New England Private Wealth Advisors LLC boosted its holdings in shares of First Trust Senior Loan ETF by 2,022.3% during the 4th quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock valued at $81,455,000 after acquiring an additional 1,691,007 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Senior Loan ETF by 7,657.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock worth $44,125,000 after purchasing an additional 886,682 shares in the last quarter. Virtue Capital Management LLC raised its position in First Trust Senior Loan ETF by 3,790.6% in the fourth quarter. Virtue Capital Management LLC now owns 688,784 shares of the company’s stock valued at $31,622,000 after purchasing an additional 671,080 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of First Trust Senior Loan ETF during the fourth quarter valued at about $29,830,000. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of First Trust Senior Loan ETF by 1,473.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 313,785 shares of the company’s stock valued at $14,396,000 after purchasing an additional 293,847 shares in the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ:FTSL opened at $44.86 on Thursday. The stock’s 50-day moving average is $44.98 and its 200-day moving average is $45.19. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.23 per share. The ex-dividend date was Thursday, June 25th.

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.