Lake Street Private Wealth LLC Has $6.57 Million Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Lake Street Private Wealth LLC increased its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,100 shares of the company’s stock after purchasing an additional 7,166 shares during the quarter. First Trust Senior Loan ETF makes up about 1.1% of Lake Street Private Wealth LLC’s investment portfolio, making the stock its 20th biggest holding. Lake Street Private Wealth LLC owned 0.30% of First Trust Senior Loan ETF worth $6,567,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Larson Financial Group LLC acquired a new position in First Trust Senior Loan ETF during the second quarter worth $27,000. Farmers & Merchants Investments Inc. bought a new stake in First Trust Senior Loan ETF during the second quarter worth $46,000. Trust Co. of Vermont bought a new stake in First Trust Senior Loan ETF during the third quarter worth $81,000. Consultiva Wealth Management CORP. bought a new stake in First Trust Senior Loan ETF during the first quarter worth $100,000. Finally, Register Financial Advisors LLC bought a new stake in First Trust Senior Loan ETF during the second quarter worth $115,000.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL traded down $0.02 on Wednesday, hitting $45.91. 47,681 shares of the stock were exchanged, compared to its average volume of 288,527. The business’s fifty day moving average is $46.04 and its 200 day moving average is $46.04. First Trust Senior Loan ETF has a 52 week low of $45.01 and a 52 week high of $46.99.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd will be given a $0.29 dividend. This represents a $3.48 annualized dividend and a dividend yield of 7.58%. The ex-dividend date is Tuesday, October 22nd.

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.