Ausdal Financial Partners Inc. Increases Stock Position in First Trust Senior Loan ETF $FTSL

Ausdal Financial Partners Inc. grew its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 104.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,675 shares of the company’s stock after buying an additional 24,815 shares during the period. Ausdal Financial Partners Inc. owned 0.10% of First Trust Senior Loan ETF worth $2,231,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Asset Dedication LLC purchased a new position in First Trust Senior Loan ETF during the 2nd quarter valued at about $28,000. Montag A & Associates Inc. purchased a new stake in First Trust Senior Loan ETF in the third quarter worth about $95,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of First Trust Senior Loan ETF during the third quarter valued at approximately $137,000. BNP Paribas Financial Markets increased its stake in shares of First Trust Senior Loan ETF by 134.1% during the third quarter. BNP Paribas Financial Markets now owns 3,205 shares of the company’s stock valued at $147,000 after purchasing an additional 1,836 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of First Trust Senior Loan ETF by 111.5% during the second quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock valued at $149,000 after purchasing an additional 1,714 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of FTSL opened at $44.90 on Monday. The business’s 50 day moving average price is $45.41 and its 200-day moving average price is $45.72. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a dividend of $0.24 per share. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a 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.