Nations Financial Group Inc. IA ADV Raises Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Nations Financial Group Inc. IA ADV grew its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,890 shares of the company’s stock after purchasing an additional 2,654 shares during the quarter. Nations Financial Group Inc. IA ADV owned approximately 0.15% of First Trust Senior Loan ETF worth $3,174,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tidemark LLC acquired a new stake in First Trust Senior Loan ETF during the 4th quarter worth $33,000. Assetmark Inc. boosted its stake in First Trust Senior Loan ETF by 189.5% during the 4th quarter. Assetmark Inc. now owns 770 shares of the company’s stock worth $35,000 after purchasing an additional 504 shares during the last quarter. Whittier Trust Co. acquired a new stake in First Trust Senior Loan ETF during the 4th quarter worth $36,000. Sachetta LLC acquired a new stake in First Trust Senior Loan ETF during the 4th quarter worth $61,000. Finally, Consultiva Wealth Management CORP. acquired a new stake in First Trust Senior Loan ETF during the 3rd quarter worth $99,000.

First Trust Senior Loan ETF Trading Up 0.1 %

FTSL traded up $0.03 on Friday, hitting $45.99. 163,543 shares of the company’s stock were exchanged, compared to its average volume of 300,878. First Trust Senior Loan ETF has a fifty-two week low of $44.53 and a fifty-two week high of $46.99. The firm has a 50-day moving average price of $46.16 and a 200-day moving average price of $46.07.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd will be given a dividend of $0.2925 per share. The ex-dividend date is Tuesday, May 21st.

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.