Oppenheimer & Co. Inc. Acquires New Position in First Trust Senior Loan ETF $FTSL

Oppenheimer & Co. Inc. bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,899 shares of the company’s stock, valued at approximately $2,046,000. Oppenheimer & Co. Inc. owned about 0.08% of First Trust Senior Loan ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Helium Advisors LLC raised its holdings in shares of First Trust Senior Loan ETF by 1.6% during the 1st quarter. Helium Advisors LLC now owns 15,603 shares of the company’s stock worth $699,000 after buying an additional 243 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in First Trust Senior Loan ETF by 4.4% in the second quarter. Integrated Wealth Concepts LLC now owns 6,388 shares of the company’s stock valued at $286,000 after buying an additional 268 shares in the last quarter. Arete Wealth Advisors LLC grew its position in First Trust Senior Loan ETF by 0.8% in the first quarter. Arete Wealth Advisors LLC now owns 44,621 shares of the company’s stock valued at $2,000,000 after acquiring an additional 358 shares during the last quarter. Roxbury Financial LLC grew its position in 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 acquiring an additional 465 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in First Trust Senior Loan ETF by 17.9% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,513 shares of the company’s stock worth $157,000 after acquiring an additional 533 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $44.49 on Friday. First Trust Senior Loan ETF has a 12 month low of $44.25 and a 12 month high of $46.09. The stock has a 50-day moving average price of $44.71 and a two-hundred day moving average price of $44.96.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 21st were given a dividend of $0.2250 per share. This represents a $2.70 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Wednesday, October 21st.

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.