Oppenheimer & Co. Inc. Makes New Investment in First Trust Senior Loan ETF $FTSL

Oppenheimer & Co. Inc. acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 45,899 shares of the company’s stock, valued at approximately $2,046,000.

Other institutional investors also recently modified their holdings of the company. First Trust Advisors LP increased its holdings in 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 purchasing an additional 173,354 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of First Trust Senior Loan ETF by 5.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 884,010 shares of the company’s stock worth $39,559,000 after acquiring an additional 47,005 shares during the period. Concurrent Investment Advisors LLC raised its holdings in First Trust Senior Loan ETF by 107.3% during the 2nd 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 period. TL Private Wealth boosted its position in shares of 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 period. Finally, Cyndeo Wealth Partners LLC raised its position in shares of First Trust Senior Loan ETF by 6.5% in the third quarter. Cyndeo Wealth Partners LLC now owns 499,972 shares of the company’s stock worth $22,284,000 after buying an additional 30,646 shares in the last quarter.

First Trust Senior Loan ETF Trading Down 0.3%

Shares of First Trust Senior Loan ETF stock opened at $44.49 on Friday. First Trust Senior Loan ETF has a 1 year low of $44.25 and a 1 year high of $46.09. The company has a 50 day simple moving average of $44.71 and a two-hundred day simple moving average of $44.96.

First Trust Senior Loan ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were paid a dividend of $0.2250 per share. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $2.70 annualized dividend and a yield of 6.1%.

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.