Fairway Financial LLC Has $5.45 Million Stock Holdings in First Trust Senior Loan ETF $FTSL

Fairway Financial LLC boosted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,686 shares of the company’s stock after buying an additional 1,717 shares during the quarter. First Trust Senior Loan ETF makes up about 4.6% of Fairway Financial LLC’s portfolio, making the stock its 12th biggest position. Fairway Financial LLC owned about 0.23% of First Trust Senior Loan ETF worth $5,446,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTSL. Brighton Jones LLC raised its position in First Trust Senior Loan ETF by 22.4% in the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock valued at $271,000 after buying an additional 1,073 shares during the last quarter. Moloney Securities Asset Management LLC raised its position in First Trust Senior Loan ETF by 3.0% in the 1st quarter. Moloney Securities Asset Management LLC now owns 55,109 shares of the company’s stock valued at $2,516,000 after buying an additional 1,606 shares during the last quarter. Fifth Third Securities Inc. raised its position in First Trust Senior Loan ETF by 5.1% in the 1st quarter. Fifth Third Securities Inc. now owns 73,932 shares of the company’s stock valued at $3,375,000 after buying an additional 3,599 shares during the last quarter. Realta Investment Advisors raised its position in First Trust Senior Loan ETF by 5.0% in the 1st quarter. Realta Investment Advisors now owns 6,603 shares of the company’s stock valued at $301,000 after buying an additional 315 shares during the last quarter. Finally, Curtis Advisory Group LLC raised its position in First Trust Senior Loan ETF by 62.3% in the 1st quarter. Curtis Advisory Group LLC now owns 20,183 shares of the company’s stock valued at $921,000 after buying an additional 7,751 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $45.83 on Thursday. The business’s 50 day simple moving average is $45.88 and its 200 day simple moving average is $45.89. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st were given a dividend of $0.245 per share. The ex-dividend date of this dividend was Tuesday, October 21st. This represents a c) annualized dividend and a dividend yield of 6.4%.

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.