First Trust Senior Loan ETF $FTSL Shares Newly Purchased by Wagner Wealth Management Corp

Wagner Wealth Management Corp bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 13,781 shares of the company’s stock, valued at approximately $614,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Continuum Advisory LLC bought a new position in First Trust Senior Loan ETF in the 2nd quarter valued at about $28,000. Raleigh Capital Management Inc. bought a new stake in shares of First Trust Senior Loan ETF during the first quarter worth approximately $30,000. Sound Income Strategies LLC grew its position in shares of First Trust Senior Loan ETF by 140.3% in 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 during the last quarter. Roxbury Financial LLC acquired a new position in shares of First Trust Senior Loan ETF in the first quarter valued at approximately $78,000. Finally, Tucker Asset Management LLC grew its position in shares of First Trust Senior Loan ETF by 1,925.3% in the second quarter. Tucker Asset Management LLC now owns 1,843 shares of the company’s stock valued at $82,000 after purchasing an additional 1,752 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $44.57 on Wednesday. The business’s 50 day moving average is $44.80 and its 200-day moving average is $44.90. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st will be issued a $0.2250 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Wednesday, October 21st.

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.