Significant Wealth Partners LLC Acquires Shares of 8,832 First Trust Senior Loan ETF (NASDAQ:FTSL)

Posted by Ethan Ryder on Apr 23rd, 2024

Significant Wealth Partners LLC acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) during the 4th quarter, HoldingsChannel reports. The firm acquired 8,832 shares of the company’s stock, valued at approximately $407,000.

Other large investors have also bought and sold shares of the company. Whittier Trust Co. bought a new position in First Trust Senior Loan ETF during the 4th quarter valued at $36,000. Consultiva Wealth Management CORP. bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth $99,000. Provence Wealth Management Group bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth $123,000. NBC Securities Inc. bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth $162,000. Finally, Concorde Asset Management LLC bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth $293,000.

First Trust Senior Loan ETF Trading Up 0.2 %

NASDAQ FTSL opened at $46.28 on Tuesday. First Trust Senior Loan ETF has a one year low of $44.53 and a one year high of $46.99. The business’s fifty day moving average is $46.18 and its 200-day moving average is $45.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.30 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Senior Loan ETF Profile

(Free Report)

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.