Perryman Financial Advisory Inc. AD Makes New Investment in First Trust Senior Loan ETF $FTSL

Perryman Financial Advisory Inc. AD bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,045 shares of the company’s stock, valued at approximately $626,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSL. Continuum Advisory LLC acquired a new position in shares of First Trust Senior Loan ETF in the 2nd quarter valued at about $28,000. Raleigh Capital Management Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the first quarter worth about $30,000. Sound Income Strategies LLC boosted its stake in shares of First Trust Senior Loan ETF by 140.3% in the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock worth $46,000 after buying an additional 599 shares during the last quarter. Roxbury Financial LLC purchased a new stake in shares of First Trust Senior Loan ETF in the first quarter worth about $78,000. Finally, Tucker Asset Management LLC grew its holdings in First Trust Senior Loan ETF by 1,925.3% during the second quarter. Tucker Asset Management LLC now owns 1,843 shares of the company’s stock worth $82,000 after acquiring an additional 1,752 shares during the period.

First Trust Senior Loan ETF Stock Down 0.1%

First Trust Senior Loan ETF stock traded down $0.03 during midday trading on Friday, hitting $44.56. 455,206 shares of the company were exchanged, compared to its average volume of 302,170. The business has a fifty day simple moving average of $44.81 and a two-hundred day simple moving average of $44.90. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.09.

First Trust Senior Loan ETF Dividend Announcement

The business 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 annualized dividend and a yield of 6.1%. 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.