103,245 Shares in First Trust Senior Loan ETF (NASDAQ:FTSL) Bought by Independent Advisor Alliance

Posted by Chris Copeland on Mar 12th, 2025

Independent Advisor Alliance purchased a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 103,245 shares of the company’s stock, valued at approximately $4,774,000.

Several other institutional investors have also recently bought and sold shares of the business. PNC Financial Services Group Inc. acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB bought a new position in First Trust Senior Loan ETF in the 4th quarter valued at about $32,000. DHJJ Financial Advisors Ltd. boosted its stake in First Trust Senior Loan ETF by 377.2% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock valued at $36,000 after purchasing an additional 611 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in First Trust Senior Loan ETF during the 4th quarter worth approximately $36,000. Finally, Peterson Financial Group Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the third quarter worth approximately $98,000.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $45.90 on Wednesday. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.99. The stock’s 50 day moving average is $46.21 and its 200-day moving average is $46.18.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.2625 per share. The ex-dividend date of this dividend was Friday, February 21st.

About First Trust Senior Loan ETF

(Free Report)

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.