First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 5,674.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,182 shares of the company’s stock after purchasing an additional 9,023 shares during the quarter. Farther Finance Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $425,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Moors & Cabot Inc. raised its holdings in First Trust Senior Loan ETF by 4.4% during the fourth quarter. Moors & Cabot Inc. now owns 19,588 shares of the company’s stock worth $906,000 after purchasing an additional 817 shares during the last quarter. Endowment Wealth Management Inc. raised its holdings in shares of First Trust Senior Loan ETF by 20.7% in the fourth quarter. Endowment Wealth Management Inc. now owns 36,005 shares of the company’s stock worth $1,665,000 after acquiring an additional 6,180 shares during the last quarter. Independent Advisor Alliance acquired a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth $4,774,000. Tower Wealth Partners Inc. raised its holdings in shares of First Trust Senior Loan ETF by 6.2% in the fourth quarter. Tower Wealth Partners Inc. now owns 248,005 shares of the company’s stock worth $11,468,000 after acquiring an additional 14,402 shares during the last quarter. Finally, PNC Financial Services Group Inc. acquired a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth $25,000.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $45.85 on Monday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99. The business has a fifty day moving average of $46.18 and a 200-day moving average of $46.18.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a $0.2625 dividend. The ex-dividend date of this dividend was Friday, February 21st.

First Trust Senior Loan ETF 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.