First Trust Senior Loan ETF $FTSL Shares Bought by Flaharty Asset Management LLC

Flaharty Asset Management LLC grew its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 783,751 shares of the company’s stock after buying an additional 25,407 shares during the quarter. First Trust Senior Loan ETF accounts for approximately 4.5% of Flaharty Asset Management LLC’s holdings, making the stock its 3rd biggest holding. Flaharty Asset Management LLC’s holdings in First Trust Senior Loan ETF were worth $35,959,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FTSL. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Senior Loan ETF by 7,657.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock valued at $44,125,000 after buying an additional 886,682 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of First Trust Senior Loan ETF by 1,473.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 313,785 shares of the company’s stock valued at $14,396,000 after buying an additional 293,847 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of First Trust Senior Loan ETF by 2,111,777.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 190,069 shares of the company’s stock valued at $8,722,000 after buying an additional 190,060 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of First Trust Senior Loan ETF in the 1st quarter valued at $5,254,000. Finally, Jane Street Group LLC raised its stake in shares of First Trust Senior Loan ETF by 36.9% in the 2nd quarter. Jane Street Group LLC now owns 330,940 shares of the company’s stock valued at $15,187,000 after buying an additional 89,151 shares in the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock opened at $45.16 on Thursday. First Trust Senior Loan ETF has a 52-week low of $44.37 and a 52-week high of $46.19. The firm has a fifty day moving average of $45.01 and a 200-day moving average of $45.44.

First Trust Senior Loan ETF Dividend Announcement

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

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.