First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC boosted its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 21.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,528 shares of the company’s stock after buying an additional 10,883 shares during the quarter. Concurrent Investment Advisors LLC owned 0.13% of First Trust Senior Loan ETF worth $2,889,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tidemark LLC acquired a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $33,000. Assetmark Inc. grew its position in shares of First Trust Senior Loan ETF by 189.5% in the fourth quarter. Assetmark Inc. now owns 770 shares of the company’s stock valued at $35,000 after purchasing an additional 504 shares during the last quarter. Whittier Trust Co. acquired a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $36,000. Sachetta LLC acquired a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $61,000. Finally, Financial Advocates Investment Management purchased a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $207,000.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL traded up $0.01 on Monday, hitting $46.13. 246,060 shares of the stock traded hands, compared to its average volume of 284,444. The stock’s 50 day moving average is $46.05 and its two-hundred day moving average is $46.09. First Trust Senior Loan ETF has a 1 year low of $45.01 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.2875 per share. The ex-dividend date of this dividend was Thursday, June 27th.

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.