77,675 Shares in First Trust Senior Loan ETF $FTSL Bought by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in First Trust Senior Loan ETF (NASDAQ:FTSL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 77,675 shares of the company’s stock, valued at approximately $3,462,000. Park Avenue Securities LLC owned about 0.14% of First Trust Senior Loan ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Continuum Advisory LLC purchased a new position in shares of First Trust Senior Loan ETF in the second quarter valued at about $28,000. Raleigh Capital Management Inc. bought a new stake in shares of First Trust Senior Loan ETF in the first quarter worth about $30,000. Sound Income Strategies LLC increased its holdings in First Trust Senior Loan ETF by 140.3% during the 1st quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after purchasing an additional 599 shares during the period. Tucker Asset Management LLC increased its holdings in First Trust Senior Loan ETF by 1,925.3% during the 2nd quarter. Tucker Asset Management LLC now owns 1,843 shares of the company’s stock valued at $82,000 after purchasing an additional 1,752 shares during the period. Finally, Bullseye Investment Management LLC purchased a new position in First Trust Senior Loan ETF during the 2nd quarter valued at about $109,000.

First Trust Senior Loan ETF Stock Down 0.3%

FTSL opened at $44.49 on Friday. The business has a 50 day simple moving average of $44.71 and a two-hundred day simple moving average of $44.96. First Trust Senior Loan ETF has a one year low of $44.25 and a one year high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were paid a dividend of $0.2250 per share. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $2.70 annualized dividend and a dividend yield of 6.1%.

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.