Western Wealth Management LLC Buys 72,984 Shares of First Trust Senior Loan ETF $FTSL

Western Wealth Management LLC boosted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 370.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,692 shares of the company’s stock after purchasing an additional 72,984 shares during the period. Western Wealth Management LLC owned about 0.18% of First Trust Senior Loan ETF worth $4,153,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. New England Private Wealth Advisors LLC increased its position in First Trust Senior Loan ETF by 2,022.3% in the fourth quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock worth $81,455,000 after buying an additional 1,691,007 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of First Trust Senior Loan ETF by 4.0% in the third quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock valued at $71,655,000 after buying an additional 60,649 shares during the period. Royal Bank of Canada lifted its position in shares of First Trust Senior Loan ETF by 1.6% during the 4th quarter. Royal Bank of Canada now owns 1,550,685 shares of the company’s stock valued at $71,145,000 after buying an additional 25,058 shares during the last quarter. First Trust Advisors LP lifted its position in shares of First Trust Senior Loan ETF by 15.7% during the 1st quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock valued at $57,097,000 after buying an additional 173,354 shares during the last quarter. Finally, One Capital Management LLC grew its stake in shares of First Trust Senior Loan ETF by 11.3% during the 4th quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock worth $57,949,000 after acquiring an additional 128,141 shares during the period.

First Trust Senior Loan ETF Trading Up 0.1%

FTSL stock opened at $44.83 on Friday. The stock has a fifty day moving average of $44.88 and a 200-day moving average of $45.07. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.15.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were issued a dividend of $0.225 per share. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a c) annualized dividend and a yield of 6.0%.

About First Trust Senior Loan ETF

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.