4,904 Shares in First Trust Senior Loan ETF $FTSL Bought by McAdam LLC

McAdam LLC bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,904 shares of the company’s stock, valued at approximately $225,000.

Several other institutional investors have also bought and sold shares of the business. AdvisorNet Financial Inc bought a new position in First Trust Senior Loan ETF during the second quarter valued at $45,000. U.S. Capital Wealth Advisors LLC lifted its position in First Trust Senior Loan ETF by 15.6% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 91,438 shares of the company’s stock valued at $4,196,000 after purchasing an additional 12,368 shares during the last quarter. Flagstar Advisors Inc. lifted its position in First Trust Senior Loan ETF by 10.4% during the second quarter. Flagstar Advisors Inc. now owns 66,244 shares of the company’s stock valued at $3,040,000 after purchasing an additional 6,233 shares during the last quarter. Park Avenue Securities LLC lifted its position in First Trust Senior Loan ETF by 11.0% during the second quarter. Park Avenue Securities LLC now owns 65,562 shares of the company’s stock valued at $3,009,000 after purchasing an additional 6,504 shares during the last quarter. Finally, Quad Cities Investment Group LLC lifted its position in First Trust Senior Loan ETF by 10.7% during the second quarter. Quad Cities Investment Group LLC now owns 25,762 shares of the company’s stock valued at $1,182,000 after purchasing an additional 2,499 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

First Trust Senior Loan ETF stock opened at $45.88 on Friday. The firm has a 50-day moving average price of $45.99 and a 200-day moving average price of $45.83. First Trust Senior Loan ETF has a 12-month low of $44.30 and a 12-month high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th will be issued a $0.245 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Thursday, September 25th.

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.