Asset Allocation & Management Company LLC Purchases 10,000 Shares of First Trust Senior Loan ETF $FTSL

Asset Allocation & Management Company LLC raised its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 126,840 shares of the company’s stock after buying an additional 10,000 shares during the period. First Trust Senior Loan ETF makes up 2.7% of Asset Allocation & Management Company LLC’s portfolio, making the stock its 7th biggest position. Asset Allocation & Management Company LLC owned about 0.24% of First Trust Senior Loan ETF worth $5,821,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. AdvisorNet Financial Inc acquired a new position in shares of First Trust Senior Loan ETF in the 2nd quarter worth approximately $45,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of First Trust Senior Loan ETF by 459.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock worth $71,000 after purchasing an additional 1,274 shares during the period. First Pacific Financial acquired a new stake in shares of First Trust Senior Loan ETF during the first quarter worth approximately $83,000. Sunbelt Securities Inc. raised its position in First Trust Senior Loan ETF by 25.0% during the first quarter. Sunbelt Securities Inc. now owns 2,325 shares of the company’s stock valued at $106,000 after acquiring an additional 465 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in First Trust Senior Loan ETF during the first quarter valued at approximately $138,000.

First Trust Senior Loan ETF Stock Up 0.2%

Shares of FTSL opened at $45.88 on Friday. The firm’s 50 day moving average price is $45.99 and its 200 day moving average price is $45.83. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, September 25th will be given a dividend of $0.245 per share. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend 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.