EWG Elevate Inc. Buys 1,577 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

EWG Elevate Inc. grew its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,387 shares of the company’s stock after buying an additional 1,577 shares during the quarter. EWG Elevate Inc. owned 0.09% of First Trust Senior Loan ETF worth $1,983,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in FTSL. Tidemark LLC purchased a new stake in First Trust Senior Loan ETF in the 4th quarter worth about $33,000. Assetmark Inc. raised its holdings in shares of First Trust Senior Loan ETF by 189.5% in the fourth quarter. Assetmark Inc. now owns 770 shares of the company’s stock worth $35,000 after buying an additional 504 shares during the last quarter. Sachetta LLC purchased a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth $61,000. Consultiva Wealth Management CORP. purchased a new position in shares of First Trust Senior Loan ETF during the first quarter worth $100,000. Finally, Register Financial Advisors LLC purchased a new position in shares of First Trust Senior Loan ETF during the second quarter worth $115,000.

First Trust Senior Loan ETF Stock Up 0.1 %

FTSL traded up $0.05 on Tuesday, reaching $45.88. The stock had a trading volume of 373,859 shares, compared to its average volume of 287,273. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99. The business’s 50-day moving average price is $45.97 and its two-hundred day moving average price is $46.07.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.2875 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

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.