Petix & Botte Co Boosts Holdings in First Trust Senior Loan ETF $FTSL

Petix & Botte Co boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 9.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,926 shares of the company’s stock after buying an additional 11,811 shares during the quarter. First Trust Senior Loan ETF makes up about 1.4% of Petix & Botte Co’s investment portfolio, making the stock its 25th largest holding. Petix & Botte Co’s holdings in First Trust Senior Loan ETF were worth $6,089,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Stenger Family Office LLC purchased a new position in shares of First Trust Senior Loan ETF during the 1st quarter worth $2,005,000. Raleigh Capital Management Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the 1st quarter worth $30,000. NBT Bank N A NY raised its holdings in First Trust Senior Loan ETF by 11,126.1% in the 1st quarter. NBT Bank N A NY now owns 5,164 shares of the company’s stock worth $231,000 after purchasing an additional 5,118 shares during the period. Koshinski Asset Management Inc. raised its holdings in First Trust Senior Loan ETF by 12.8% in the 1st quarter. Koshinski Asset Management Inc. now owns 22,168 shares of the company’s stock worth $993,000 after purchasing an additional 2,519 shares during the period. Finally, Sound Income Strategies LLC lifted its position in First Trust Senior Loan ETF by 140.3% during the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after purchasing an additional 599 shares in the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ:FTSL traded up $0.05 during mid-day trading on Friday, hitting $44.92. 115,685 shares of the company traded hands, compared to its average volume of 308,642. The stock’s fifty day moving average price is $44.97 and its 200-day moving average price is $45.19. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid 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.