First Trust Senior Loan ETF (NASDAQ:FTSL) Declares $0.23 Dividend

First Trust Senior Loan ETF (NASDAQ:FTSL) declared a dividend on Wednesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.23 per share on Tuesday, June 30th. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Senior Loan ETF Price Performance

Shares of FTSL stock traded down $0.23 during trading hours on Thursday, reaching $44.70. 136,846 shares of the company were exchanged, compared to its average volume of 311,352. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.19. The stock’s fifty day moving average is $45.04 and its two-hundred day moving average is $45.27.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Cozad Asset Management Inc. increased its stake in shares of First Trust Senior Loan ETF by 2.0% in the 3rd quarter. Cozad Asset Management Inc. now owns 11,957 shares of the company’s stock valued at $548,000 after buying an additional 233 shares during the period. Helium Advisors LLC lifted its stake in shares of First Trust Senior Loan ETF by 1.6% during the fourth quarter. Helium Advisors LLC now owns 15,360 shares of the company’s stock valued at $705,000 after acquiring an additional 238 shares during the period. Integrated Advisors Network LLC boosted its holdings in First Trust Senior Loan ETF by 0.4% in the third quarter. Integrated Advisors Network LLC now owns 69,505 shares of the company’s stock valued at $3,186,000 after acquiring an additional 251 shares during the last quarter. Tower Research Capital LLC TRC increased its position in First Trust Senior Loan ETF by 0.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 40,887 shares of the company’s stock worth $1,876,000 after purchasing an additional 253 shares during the period. Finally, Strategic Blueprint LLC increased its position in First Trust Senior Loan ETF by 1.5% in the fourth quarter. Strategic Blueprint LLC now owns 17,428 shares of the company’s stock worth $800,000 after purchasing an additional 262 shares during the period.

First Trust Senior Loan ETF Company 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.