Assetmark Inc. Has $4.29 Million Stake in First Trust Senior Loan ETF $FTSL

Assetmark Inc. lifted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 114.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,582 shares of the company’s stock after purchasing an additional 49,990 shares during the period. Assetmark Inc. owned 0.18% of First Trust Senior Loan ETF worth $4,290,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Asset Dedication LLC bought a new position in First Trust Senior Loan ETF during the 2nd quarter worth $28,000. GoalVest Advisory LLC bought a new position in First Trust Senior Loan ETF during the second quarter worth about $43,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in First Trust Senior Loan ETF in the 3rd quarter worth about $137,000. Qube Research & Technologies Ltd raised its stake in First Trust Senior Loan ETF by 111.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after purchasing an additional 1,714 shares in the last quarter. Finally, CX Institutional bought a new stake in First Trust Senior Loan ETF in the 3rd quarter valued at about $149,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ:FTSL opened at $45.31 on Wednesday. First Trust Senior Loan ETF has a 12-month low of $44.30 and a 12-month high of $46.29. The company’s 50 day moving average price is $45.76 and its two-hundred day moving average price is $45.86.

First Trust Senior Loan ETF Announces Dividend

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

First Trust Senior Loan ETF Company 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.