296,600 Shares in First Trust Senior Loan ETF (NASDAQ:FTSL) Bought by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC purchased a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 296,600 shares of the company’s stock, valued at approximately $13,715,000. Ocean Park Asset Management LLC owned approximately 0.59% of First Trust Senior Loan ETF at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB purchased a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $32,000. Trust Co. of Vermont purchased a new position in First Trust Senior Loan ETF during the 3rd quarter worth $81,000. Peterson Financial Group Inc. bought a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter worth $98,000. NBC Securities Inc. raised its holdings in shares of First Trust Senior Loan ETF by 6.9% in the third quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock valued at $168,000 after purchasing an additional 239 shares during the last quarter. Finally, FLC Capital Advisors bought a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at about $210,000.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of First Trust Senior Loan ETF stock opened at $46.24 on Tuesday. The business’s fifty day simple moving average is $46.31 and its 200 day simple moving average is $46.15. First Trust Senior Loan ETF has a 12 month low of $45.23 and a 12 month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.2675 per share. The ex-dividend date was Wednesday, January 22nd.

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.