Mayflower Financial Advisors LLC Purchases Shares of 19,180 First Trust Senior Loan ETF $FTSL

Mayflower Financial Advisors LLC acquired a new position in First Trust Senior Loan ETF (NASDAQ:FTSL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,180 shares of the company’s stock, valued at approximately $879,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FTSL. Jane Street Group LLC acquired a new stake in First Trust Senior Loan ETF during the first quarter worth approximately $11,038,000. Tower Research Capital LLC TRC boosted its holdings in shares of First Trust Senior Loan ETF by 2,111,777.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 190,069 shares of the company’s stock worth $8,722,000 after buying an additional 190,060 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of First Trust Senior Loan ETF during the 2nd quarter worth approximately $6,286,000. Goldman Sachs Group Inc. bought a new stake in shares of First Trust Senior Loan ETF in the 1st quarter valued at $5,254,000. Finally, Quadrature Capital Ltd acquired a new position in shares of First Trust Senior Loan ETF during the 2nd quarter valued at $4,801,000.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $45.85 on Monday. The company’s fifty day simple moving average is $45.86 and its 200 day simple moving average is $45.93. First Trust Senior Loan ETF has a 12-month low of $44.30 and a 12-month high of $46.52.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, December 12th.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.