OneAscent Financial Services LLC Takes $203,000 Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

OneAscent Financial Services LLC bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,394 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of First Trust Senior Loan ETF by 23.8% in the fourth quarter. LPL Financial LLC now owns 1,919,381 shares of the company’s stock worth $88,752,000 after purchasing an additional 369,005 shares during the period. Raymond James Financial Inc. purchased a new position in First Trust Senior Loan ETF during the fourth quarter worth about $66,923,000. One Capital Management LLC increased its stake in First Trust Senior Loan ETF by 2.0% in the 4th quarter. One Capital Management LLC now owns 1,016,160 shares of the company’s stock worth $46,987,000 after acquiring an additional 19,482 shares during the last quarter. Flaharty Asset Management LLC raised its holdings in shares of First Trust Senior Loan ETF by 1.4% in the 4th quarter. Flaharty Asset Management LLC now owns 755,299 shares of the company’s stock valued at $34,925,000 after acquiring an additional 10,700 shares in the last quarter. Finally, Welch & Forbes LLC raised its holdings in shares of First Trust Senior Loan ETF by 1.7% in the 4th quarter. Welch & Forbes LLC now owns 633,271 shares of the company’s stock valued at $29,282,000 after acquiring an additional 10,565 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $44.58 on Friday. The business has a 50-day moving average of $46.00 and a 200-day moving average of $46.15. First Trust Senior Loan ETF has a 12 month low of $44.52 and a 12 month high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.26 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 7.00%. The ex-dividend date was Thursday, March 27th.

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.