Stenger Family Office LLC Purchases Shares of 44,750 First Trust Senior Loan ETF $FTSL

Stenger Family Office LLC acquired a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 44,750 shares of the company’s stock, valued at approximately $2,005,000. Stenger Family Office LLC owned 0.09% of First Trust Senior Loan ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. New England Private Wealth Advisors LLC raised its stake in First Trust Senior Loan ETF by 2,022.3% in the 4th quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock worth $81,455,000 after purchasing an additional 1,691,007 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of First Trust Senior Loan ETF by 7,657.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock worth $44,125,000 after purchasing an additional 886,682 shares in the last quarter. Virtue Capital Management LLC grew its position in shares of First Trust Senior Loan ETF by 3,790.6% during the 4th quarter. Virtue Capital Management LLC now owns 688,784 shares of the company’s stock worth $31,622,000 after purchasing an additional 671,080 shares in the last quarter. Focus Partners Wealth bought a new position in shares of First Trust Senior Loan ETF during the fourth quarter worth approximately $29,830,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Senior Loan ETF by 1,473.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 313,785 shares of the company’s stock worth $14,396,000 after purchasing an additional 293,847 shares during the period.

First Trust Senior Loan ETF Trading Up 0.2%

NASDAQ FTSL opened at $44.86 on Thursday. The company has a 50 day moving average of $44.98 and a 200-day moving average of $45.19. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.19.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, June 25th.

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.