First Trust Senior Loan ETF $FTSL is New England Private Wealth Advisors LLC’s 3rd Largest Position

New England Private Wealth Advisors LLC increased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 2,022.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,774,626 shares of the company’s stock after acquiring an additional 1,691,007 shares during the quarter. First Trust Senior Loan ETF comprises approximately 4.8% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest position. New England Private Wealth Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $81,455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Raymond James Financial Inc. lifted its stake in 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 worth $71,655,000 after acquiring an additional 60,649 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Senior Loan ETF by 7,657.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock worth $44,125,000 after acquiring an additional 886,682 shares during the period. UBS Group AG lifted its position in First Trust Senior Loan ETF by 4.1% during the fourth quarter. UBS Group AG now owns 815,183 shares of the company’s stock valued at $37,401,000 after buying an additional 31,935 shares during the period. Flaharty Asset Management LLC lifted its position in First Trust Senior Loan ETF by 3.4% during the fourth quarter. Flaharty Asset Management LLC now owns 783,751 shares of the company’s stock valued at $35,959,000 after buying an additional 25,407 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in First Trust Senior Loan ETF by 9.4% during the third quarter. Envestnet Asset Management Inc. now owns 620,563 shares of the company’s stock valued at $28,447,000 after buying an additional 53,338 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $44.90 on Friday. The business has a fifty day simple moving average of $45.01 and a two-hundred day simple moving average of $45.43. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.235 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a yield of 6.3%.

First Trust Senior Loan ETF 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.