Private Advisor Group LLC Buys 31,656 Shares of First Trust Senior Loan ETF $FTSL

Private Advisor Group LLC lifted its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 16.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 218,779 shares of the company’s stock after buying an additional 31,656 shares during the period. Private Advisor Group LLC owned approximately 0.43% of First Trust Senior Loan ETF worth $10,029,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of FTSL. Brighton Jones LLC grew its position in First Trust Senior Loan ETF by 22.4% during the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock worth $271,000 after acquiring an additional 1,073 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in First Trust Senior Loan ETF in the first quarter valued at approximately $5,254,000. Atria Investments Inc bought a new stake in First Trust Senior Loan ETF in the second quarter valued at approximately $207,000. Bank of Montreal Can boosted its stake in shares of First Trust Senior Loan ETF by 1.4% during the second quarter. Bank of Montreal Can now owns 19,638 shares of the company’s stock valued at $901,000 after purchasing an additional 278 shares during the period. Finally, PFG Advisors boosted its stake in shares of First Trust Senior Loan ETF by 32.7% during the second quarter. PFG Advisors now owns 10,497 shares of the company’s stock valued at $482,000 after purchasing an additional 2,587 shares during the period.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock opened at $44.99 on Thursday. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.19. The company’s 50 day moving average price is $45.45 and its 200-day moving average price is $45.74.

First Trust Senior Loan ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a yield of 6.4%.

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.