Petix & Botte Co Grows Stake in First Trust Senior Loan ETF $FTSL

Petix & Botte Co raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,115 shares of the company’s stock after purchasing an additional 18,574 shares during the period. First Trust Senior Loan ETF accounts for approximately 1.3% of Petix & Botte Co’s investment portfolio, making the stock its 26th biggest holding. Petix & Botte Co’s holdings in First Trust Senior Loan ETF were worth $5,694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of First Trust Senior Loan ETF by 22.4% in the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock worth $271,000 after purchasing an additional 1,073 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in First Trust Senior Loan ETF during the 1st quarter valued at about $5,254,000. Qube Research & Technologies Ltd raised its stake in First Trust Senior Loan ETF by 111.5% in the second quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock valued at $149,000 after buying an additional 1,714 shares during the last quarter. Betterment LLC raised its stake in First Trust Senior Loan ETF by 9.0% in the second quarter. Betterment LLC now owns 8,957 shares of the company’s stock valued at $411,000 after buying an additional 741 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in First Trust Senior Loan ETF by 316.0% in the second quarter. Ausdal Financial Partners Inc. now owns 23,860 shares of the company’s stock worth $1,095,000 after acquiring an additional 18,125 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $45.20 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.19. The business has a 50-day simple moving average of $44.99 and a two-hundred day simple moving average of $45.46.

First Trust Senior Loan ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were paid a $0.235 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) dividend on an annualized basis and a yield of 6.2%.

First Trust Senior Loan ETF Company 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.