104,930 Shares of First Trust Senior Loan ETF $FTSL Purchased by Sacks & Associates LLC

Sacks & Associates LLC purchased a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 104,930 shares of the company’s stock, valued at approximately $4,677,000. First Trust Senior Loan ETF makes up 3.3% of Sacks & Associates LLC’s holdings, making the stock its 9th largest holding. Sacks & Associates LLC owned 0.19% of First Trust Senior Loan ETF as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in FTSL. Castleview Partners LLC increased its holdings in First Trust Senior Loan ETF by 10.6% during the 3rd quarter. Castleview Partners LLC now owns 6,472 shares of the company’s stock valued at $288,000 after purchasing an additional 622 shares in the last quarter. Balefire LLC boosted its stake in First Trust Senior Loan ETF by 17.7% in the third quarter. Balefire LLC now owns 13,626 shares of the company’s stock worth $607,000 after purchasing an additional 2,052 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of First Trust Senior Loan ETF by 27.9% during the third quarter. CoreCap Advisors LLC now owns 181,832 shares of the company’s stock worth $8,104,000 after purchasing an additional 39,686 shares during the last quarter. Rhodes Investment Advisors Inc. ADV bought a new stake in shares of First Trust Senior Loan ETF during the third quarter worth $289,000. Finally, Roxbury Financial LLC increased its stake in shares of First Trust Senior Loan ETF by 18.2% in the third quarter. Roxbury Financial LLC now owns 3,019 shares of the company’s stock valued at $135,000 after buying an additional 465 shares in the last quarter.

First Trust Senior Loan ETF Stock Up 0.0%

First Trust Senior Loan ETF stock opened at $44.64 on Friday. The stock has a 50-day simple moving average of $44.84 and a 200 day simple moving average of $44.91. First Trust Senior Loan ETF has a 12-month low of $44.37 and a 12-month high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.2250 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Thursday, September 24th.

First Trust Senior Loan ETF 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. FTSL was launched on May 1, 2013 and is managed by First Trust.