Aspen Investment Management Inc Boosts Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Aspen Investment Management Inc boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,738 shares of the company’s stock after purchasing an additional 12,005 shares during the quarter. First Trust Senior Loan ETF comprises about 1.8% of Aspen Investment Management Inc’s investment portfolio, making the stock its 12th largest position. Aspen Investment Management Inc owned about 0.16% of First Trust Senior Loan ETF worth $3,780,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Stephens Inc. AR increased its holdings in shares of First Trust Senior Loan ETF by 6.5% in the 3rd quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock worth $226,000 after buying an additional 300 shares during the last quarter. Kingswood Wealth Advisors LLC increased its stake in First Trust Senior Loan ETF by 4.1% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 8,409 shares of the company’s stock worth $389,000 after acquiring an additional 335 shares during the last quarter. Merkkuri Wealth Advisors LLC increased its stake in First Trust Senior Loan ETF by 6.6% during the third quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock worth $266,000 after acquiring an additional 357 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in First Trust Senior Loan ETF by 4.7% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,030 shares of the company’s stock valued at $369,000 after purchasing an additional 362 shares during the period. Finally, Milestone Asset Management LLC lifted its stake in shares of First Trust Senior Loan ETF by 3.7% in the 4th quarter. Milestone Asset Management LLC now owns 10,473 shares of the company’s stock valued at $484,000 after purchasing an additional 373 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $46.28 on Friday. The business’s 50 day moving average price is $46.28 and its 200-day moving average price is $46.16. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were given a dividend of $0.2675 per share. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.