Wealth Enhancement Advisory Services LLC Has $11.27 Million Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Wealth Enhancement Advisory Services LLC boosted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 19.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 246,798 shares of the company’s stock after acquiring an additional 40,095 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.48% of First Trust Senior Loan ETF worth $11,266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTSL. Columbia Advisory Partners LLC lifted its holdings in First Trust Senior Loan ETF by 16.0% during the 1st quarter. Columbia Advisory Partners LLC now owns 8,091 shares of the company’s stock worth $369,000 after buying an additional 1,114 shares in the last quarter. Integrated Advisors Network LLC grew its holdings in shares of First Trust Senior Loan ETF by 5.2% in the 1st quarter. Integrated Advisors Network LLC now owns 67,279 shares of the company’s stock valued at $3,071,000 after acquiring an additional 3,313 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of First Trust Senior Loan ETF by 5.3% during the 1st quarter. Park Avenue Securities LLC now owns 59,058 shares of the company’s stock worth $2,696,000 after acquiring an additional 2,953 shares during the period. DHK Financial Advisors Inc. lifted its position in First Trust Senior Loan ETF by 1.7% during the first quarter. DHK Financial Advisors Inc. now owns 56,380 shares of the company’s stock worth $2,574,000 after acquiring an additional 958 shares during the last quarter. Finally, Insight Advisors LLC PA raised its position in shares of First Trust Senior Loan ETF by 8.2% in the first quarter. Insight Advisors LLC PA now owns 4,903 shares of the company’s stock valued at $224,000 after buying an additional 370 shares in the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL opened at $46.01 on Tuesday. First Trust Senior Loan ETF has a one year low of $44.30 and a one year high of $46.55. The firm has a 50 day simple moving average of $45.74 and a two-hundred day simple moving average of $45.94.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were paid a $0.2575 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $3.09 annualized dividend and a dividend yield of 6.72%.

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.