Western Wealth Management LLC Grows Holdings in First Trust Senior Loan ETF $FTSL

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

Several other institutional investors also recently modified their holdings of the business. New England Private Wealth Advisors LLC increased its position in shares of First Trust Senior Loan ETF by 2,022.3% during the 4th quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock valued at $81,455,000 after purchasing an additional 1,691,007 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of First Trust Senior Loan ETF by 4.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock worth $71,655,000 after buying an additional 60,649 shares during the last quarter. Royal Bank of Canada grew its position in First Trust Senior Loan ETF by 1.6% during the fourth 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 period. 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. Finally, One Capital Management LLC increased its holdings in First Trust Senior Loan ETF by 11.3% during the fourth quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock worth $57,949,000 after buying an additional 128,141 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.1%

Shares of FTSL stock opened at $44.95 on Wednesday. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.15. The firm’s 50-day simple moving average is $44.87 and its two-hundred day simple moving average is $45.01.

First Trust Senior Loan ETF Announces Dividend

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

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.