New England Private Wealth Advisors LLC Raises Stock Holdings in First Trust Senior Loan ETF $FTSL

New England Private Wealth Advisors LLC raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 2,022.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,774,626 shares of the company’s stock after acquiring an additional 1,691,007 shares during the period. First Trust Senior Loan ETF comprises approximately 4.8% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest holding. New England Private Wealth Advisors LLC owned about 3.46% of First Trust Senior Loan ETF worth $81,455,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Triumph Capital Management bought a new position in shares of First Trust Senior Loan ETF in the third quarter worth approximately $26,000. TD Private Client Wealth LLC bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth approximately $48,000. Pinnacle Bancorp Inc. grew its holdings in shares of First Trust Senior Loan ETF by 233.3% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock worth $50,000 after purchasing an additional 763 shares during the last quarter. Montag A & Associates Inc. bought a new position in shares of First Trust Senior Loan ETF in the third quarter worth approximately $95,000. Finally, Topsail Wealth Management LLC bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth approximately $101,000.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock opened at $44.90 on Friday. First Trust Senior Loan ETF has a 52-week low of $44.37 and a 52-week high of $46.19. The company’s 50 day moving average price is $45.01 and its 200-day moving average price is $45.43.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be issued a $0.235 dividend. The ex-dividend date is Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 6.3%.

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.