Western Wealth Management LLC Increases Stake in First Trust Senior Loan ETF $FTSL

Western Wealth Management LLC boosted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 370.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 92,692 shares of the company’s stock after acquiring an additional 72,984 shares during the period. Western Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $4,153,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FTSL. New England Private Wealth Advisors LLC boosted its position in First Trust Senior Loan ETF by 2,022.3% during the fourth quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock worth $81,455,000 after purchasing an additional 1,691,007 shares during the period. Raymond James Financial Inc. raised its position in shares of First Trust Senior Loan ETF by 4.0% in the third quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock valued at $71,655,000 after purchasing an additional 60,649 shares during the period. Royal Bank of Canada raised its position in shares of First Trust Senior Loan ETF by 1.6% in the fourth quarter. Royal Bank of Canada now owns 1,550,685 shares of the company’s stock valued at $71,145,000 after purchasing an additional 25,058 shares during the period. First Trust Advisors LP lifted its stake in shares of 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 valued at $57,097,000 after buying an additional 173,354 shares in the last quarter. Finally, One Capital Management LLC lifted its stake in shares of First Trust Senior Loan ETF by 11.3% during the 4th quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock valued at $57,949,000 after buying an additional 128,141 shares in the last quarter.

First Trust Senior Loan ETF Stock Up 0.1%

FTSL opened at $44.95 on Wednesday. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15. The company has a 50 day moving average of $44.87 and a 200 day moving average of $45.01.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a dividend of $0.225 per share. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.