First Trust Senior Loan ETF $FTSL Stock: Kestra Advisory Services LLC Boosts Position

Kestra Advisory Services LLC increased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 18.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,788 shares of the company’s stock after acquiring an additional 18,702 shares during the period. Kestra Advisory Services LLC owned about 0.21% of First Trust Senior Loan ETF worth $5,294,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Continuum Advisory LLC acquired a new position in First Trust Senior Loan ETF in the 2nd quarter valued at about $28,000. Tucker Asset Management LLC lifted its position in shares of First Trust Senior Loan ETF by 1,925.3% during the second quarter. Tucker Asset Management LLC now owns 1,843 shares of the company’s stock worth $82,000 after purchasing an additional 1,752 shares in the last quarter. SYM FINANCIAL Corp purchased a new position in shares of First Trust Senior Loan ETF in the third quarter valued at approximately $98,000. Bullseye Investment Management LLC purchased a new position in shares of First Trust Senior Loan ETF in the second quarter valued at approximately $109,000. Finally, Roxbury Financial LLC boosted its stake in shares of First Trust Senior Loan ETF by 46.0% in the second quarter. Roxbury Financial LLC now owns 2,554 shares of the company’s stock valued at $114,000 after purchasing an additional 805 shares during the period.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock opened at $44.63 on Friday. The company has a 50 day moving average price of $44.67 and a 200 day moving average price of $44.90. First Trust Senior Loan ETF has a fifty-two week low of $44.25 and a fifty-two week high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 21st were given a $0.2250 dividend. This represents a $2.70 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Wednesday, October 21st.

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.