First Trust Senior Loan ETF $FTSL Position Raised by Private Advisory Group LLC

Private Advisory Group LLC boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 18.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,063 shares of the company’s stock after buying an additional 14,143 shares during the quarter. Private Advisory Group LLC owned about 0.16% of First Trust Senior Loan ETF worth $3,970,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC grew its position in First Trust Senior Loan ETF by 107.3% in the second quarter. Concurrent Investment Advisors LLC now owns 593,455 shares of the company’s stock valued at $26,557,000 after purchasing an additional 307,204 shares in the last quarter. Commonwealth Equity Services LLC purchased a new stake in First Trust Senior Loan ETF in the 3rd quarter valued at about $9,084,000. First Trust Advisors LP increased its holdings in First Trust Senior Loan ETF by 15.7% during the first quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock worth $57,097,000 after buying an additional 173,354 shares during the last quarter. CoreCap Advisors LLC lifted its stake in First Trust Senior Loan ETF by 16,467.1% in the second quarter. CoreCap Advisors LLC now owns 142,146 shares of the company’s stock valued at $6,361,000 after purchasing an additional 141,288 shares during the last quarter. Finally, Sacks & Associates LLC bought a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth $4,677,000.

First Trust Senior Loan ETF Price Performance

Shares of FTSL stock opened at $44.63 on Friday. First Trust Senior Loan ETF has a 1 year low of $44.25 and a 1 year high of $46.09. The company’s fifty day simple moving average is $44.67 and its two-hundred day simple moving average is $44.90.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were issued a $0.2250 dividend. The ex-dividend date was Wednesday, October 21st. This represents a $2.70 annualized dividend and a dividend yield of 6.0%.

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.