First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. increased its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 69.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,047 shares of the company’s stock after acquiring an additional 38,662 shares during the period. Atria Wealth Solutions Inc. owned approximately 0.19% of First Trust Senior Loan ETF worth $4,300,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Principal Securities Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $522,000. Axxcess Wealth Management LLC increased its stake in First Trust Senior Loan ETF by 8.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 153,025 shares of the company’s stock worth $7,050,000 after acquiring an additional 12,203 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in First Trust Senior Loan ETF by 54.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 75,493 shares of the company’s stock valued at $3,478,000 after buying an additional 26,692 shares during the period. Fiduciary Trust Co acquired a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at $2,366,000. Finally, Hikari Tsushin Inc. acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter worth about $9,550,000.

First Trust Senior Loan ETF Stock Up 0.1 %

NASDAQ:FTSL traded up $0.04 during trading hours on Wednesday, hitting $45.85. The stock had a trading volume of 200,702 shares, compared to its average volume of 285,280. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99. The business has a 50 day simple moving average of $45.96 and a two-hundred day simple moving average of $46.08.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Wednesday, August 21st will be issued a dividend of $0.29 per share. This represents a $3.48 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date of this dividend is Wednesday, August 21st.

First Trust Senior Loan ETF Company 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.