Envestnet Asset Management Inc. Raises Position in First Trust Senior Loan ETF $FTSL

Envestnet Asset Management Inc. grew its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 9.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 620,563 shares of the company’s stock after acquiring an additional 53,338 shares during the period. Envestnet Asset Management Inc. owned about 1.21% of First Trust Senior Loan ETF worth $28,447,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. First Trust Advisors LP raised its holdings in First Trust Senior Loan ETF by 7.2% in the second quarter. First Trust Advisors LP now owns 1,200,153 shares of the company’s stock worth $55,104,000 after purchasing an additional 80,291 shares in the last quarter. Flaharty Asset Management LLC grew its position in shares of First Trust Senior Loan ETF by 4.7% in the 3rd quarter. Flaharty Asset Management LLC now owns 758,344 shares of the company’s stock worth $34,762,000 after buying an additional 34,377 shares during the period. Welch & Forbes LLC grew its position in shares of First Trust Senior Loan ETF by 3.3% in the 2nd quarter. Welch & Forbes LLC now owns 682,178 shares of the company’s stock worth $31,305,000 after buying an additional 21,844 shares during the period. Virtue Capital Management LLC increased its stake in shares of First Trust Senior Loan ETF by 7.2% in the 3rd quarter. Virtue Capital Management LLC now owns 593,133 shares of the company’s stock worth $27,189,000 after acquiring an additional 40,062 shares in the last quarter. Finally, TL Private Wealth lifted its position in First Trust Senior Loan ETF by 13.1% during the 3rd quarter. TL Private Wealth now owns 516,243 shares of the company’s stock valued at $23,613,000 after acquiring an additional 59,924 shares during the period.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $45.26 on Friday. First Trust Senior Loan ETF has a one year low of $44.30 and a one year high of $46.30. The company’s 50-day simple moving average is $45.80 and its 200 day simple moving average is $45.87.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were paid a $0.24 dividend. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 6.4%.

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.