First Trust Senior Loan ETF $FTSL Stock Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 18.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 118,788 shares of the company’s stock after acquiring an additional 18,702 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $5,294,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Commonwealth Equity Services LLC acquired a new position in shares of First Trust Senior Loan ETF during the third quarter worth about $9,084,000. Chicago Partners Investment Group LLC lifted its stake in First Trust Senior Loan ETF by 5.0% in the third quarter. Chicago Partners Investment Group LLC now owns 147,926 shares of the company’s stock worth $6,553,000 after acquiring an additional 7,035 shares during the last quarter. Basso Capital Management L.P. purchased a new position in First Trust Senior Loan ETF in the third quarter worth approximately $2,988,000. Compass Financial Management LLC grew its holdings in First Trust Senior Loan ETF by 1.8% during the 3rd quarter. Compass Financial Management LLC now owns 27,583 shares of the company’s stock worth $1,229,000 after acquiring an additional 497 shares in the last quarter. Finally, Integrity Alliance LLC. acquired a new position in First Trust Senior Loan ETF during the 3rd quarter worth approximately $221,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $44.63 on Friday. First Trust Senior Loan ETF has a 52 week low of $44.25 and a 52 week high of $46.09. The company’s 50 day moving average is $44.67 and its two-hundred day moving average is $44.90.

First Trust Senior Loan ETF Announces Dividend

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

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.