First Trust Senior Loan ETF (NASDAQ:FTSL) Stake Lifted by D.A. Davidson & CO.

D.A. Davidson & CO. grew its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 30.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 103,614 shares of the company’s stock after acquiring an additional 23,923 shares during the quarter. D.A. Davidson & CO. owned about 0.20% of First Trust Senior Loan ETF worth $4,730,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of FTSL. Raymond James Financial Inc. bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth $66,923,000. LPL Financial LLC grew its stake in shares of First Trust Senior Loan ETF by 23.8% in the fourth quarter. LPL Financial LLC now owns 1,919,381 shares of the company’s stock worth $88,752,000 after purchasing an additional 369,005 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of First Trust Senior Loan ETF by 1,301.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 205,066 shares of the company’s stock worth $9,482,000 after purchasing an additional 190,434 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of First Trust Senior Loan ETF by 10.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,506,182 shares of the company’s stock worth $69,646,000 after purchasing an additional 148,507 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in shares of First Trust Senior Loan ETF by 14.5% in the fourth quarter. First Trust Advisors LP now owns 1,112,764 shares of the company’s stock worth $51,437,000 after purchasing an additional 140,722 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $46.18 on Friday. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.55. The business has a fifty day moving average of $45.85 and a 200-day moving average of $45.92.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were paid a $0.2525 dividend. The ex-dividend date was Thursday, June 26th. This represents a $3.03 annualized dividend and a dividend yield of 6.56%.

About First Trust Senior Loan ETF

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.