Lion Street Advisors LLC Acquires New Position in First Trust Senior Loan ETF $FTSL

Lion Street Advisors LLC acquired a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 24,531 shares of the company’s stock, valued at approximately $1,174,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FTSL. Asset Dedication LLC purchased a new stake in shares of First Trust Senior Loan ETF in the 2nd quarter valued at approximately $28,000. GoalVest Advisory LLC acquired a new position in First Trust Senior Loan ETF in the second quarter valued at approximately $43,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in First Trust Senior Loan ETF in the third quarter valued at approximately $137,000. CX Institutional purchased a new position in First Trust Senior Loan ETF in the third quarter worth approximately $149,000. Finally, Qube Research & Technologies Ltd increased its stake in First Trust Senior Loan ETF by 111.5% during the second quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,714 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ:FTSL opened at $45.09 on Friday. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.19. The stock’s fifty day moving average is $45.72 and its two-hundred day moving average is $45.85.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a $0.24 dividend. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date is Friday, February 20th.

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.