First Trust Senior Loan ETF $FTSL Shares Bought by First Trust Advisors LP

First Trust Advisors LP grew its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 15.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,274,813 shares of the company’s stock after purchasing an additional 173,354 shares during the period. First Trust Advisors LP owned approximately 2.53% of First Trust Senior Loan ETF worth $57,097,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. TD Waterhouse Canada Inc. acquired a new position in First Trust Senior Loan ETF during the fourth quarter worth about $679,000. CWM LLC increased its holdings in First Trust Senior Loan ETF by 8.0% in the fourth quarter. CWM LLC now owns 312,161 shares of the company’s stock valued at $14,322,000 after buying an additional 23,177 shares in the last quarter. Nilsine Partners LLC lifted its position in shares of First Trust Senior Loan ETF by 6.3% during the 4th quarter. Nilsine Partners LLC now owns 193,804 shares of the company’s stock valued at $8,892,000 after acquiring an additional 11,541 shares during the period. Petix & Botte Co lifted its position in shares of First Trust Senior Loan ETF by 17.6% during the 4th quarter. Petix & Botte Co now owns 124,115 shares of the company’s stock valued at $5,694,000 after acquiring an additional 18,574 shares during the period. Finally, UBS Group AG lifted its position in shares of First Trust Senior Loan ETF by 4.1% during the 4th quarter. UBS Group AG now owns 815,183 shares of the company’s stock valued at $37,401,000 after acquiring an additional 31,935 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $44.74 on Monday. The business’s 50 day simple moving average is $44.91 and its 200-day simple moving average is $45.11. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, July 21st. This represents a c) annualized dividend and a yield of 6.0%.

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.