First Trust Senior Loan ETF $FTSL Stock Position Boosted by Private Advisory Group LLC

Private Advisory Group LLC raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 18.9% in the 3rd quarter, Holdings Channel reports. The firm owned 89,063 shares of the company’s stock after purchasing an additional 14,143 shares during the quarter. Private Advisory Group LLC’s holdings in First Trust Senior Loan ETF were worth $3,970,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Fifth Third Bancorp boosted its position in shares of First Trust Senior Loan ETF by 2.5% in the 3rd quarter. Fifth Third Bancorp now owns 38,578 shares of the company’s stock worth $1,719,000 after purchasing an additional 928 shares in the last quarter. Brighton Jones LLC purchased a new stake in First Trust Senior Loan ETF in the 3rd quarter worth approximately $376,000. Endowment Wealth Management Inc. grew its stake in shares of First Trust Senior Loan ETF by 16.2% during the 3rd quarter. Endowment Wealth Management Inc. now owns 45,577 shares of the company’s stock worth $2,031,000 after purchasing an additional 6,345 shares during the period. StoneX Group Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $245,000. Finally, United Advisor Group LLC purchased a new position in shares of First Trust Senior Loan ETF during the 3rd quarter valued at approximately $903,000.

First Trust Senior Loan ETF Stock Down 0.1%

NASDAQ:FTSL opened at $44.63 on Friday. The company has a 50 day moving average price of $44.67 and a 200-day moving average price of $44.90. First Trust Senior Loan ETF has a 1-year low of $44.25 and a 1-year high of $46.09.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 21st were given a dividend of $0.2250 per share. This represents a $2.70 annualized dividend and a yield of 6.0%. The ex-dividend date was 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.