First Trust Senior Loan ETF $FTSL Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSLFree Report) by 121.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,218 shares of the company’s stock after buying an additional 25,348 shares during the quarter. Assetmark Inc. owned about 0.09% of First Trust Senior Loan ETF worth $2,071,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in shares of First Trust Senior Loan ETF during the third quarter valued at $26,000. Smartleaf Asset Management LLC acquired a new stake in First Trust Senior Loan ETF in the fourth quarter worth about $30,000. Raleigh Capital Management Inc. bought a new position in First Trust Senior Loan ETF in the 1st quarter valued at about $30,000. Sound Income Strategies LLC grew its position in First Trust Senior Loan ETF by 140.3% in the 1st quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after buying an additional 599 shares in the last quarter. Finally, TD Private Client Wealth LLC bought a new position in First Trust Senior Loan ETF in the 4th quarter valued at about $48,000.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $44.66 on Friday. The firm’s 50-day moving average is $44.91 and its two-hundred day moving average is $45.12. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.15.

First Trust Senior Loan ETF Announces Dividend

The company also recently announced 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

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

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