Seaview Investment Managers LLC Acquires 6,034 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Seaview Investment Managers LLC increased its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 125.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,853 shares of the company’s stock after buying an additional 6,034 shares during the quarter. Seaview Investment Managers LLC’s holdings in First Trust Senior Loan ETF were worth $502,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FTSL. MML Investors Services LLC lifted its holdings in shares of First Trust Senior Loan ETF by 52.4% in the fourth quarter. MML Investors Services LLC now owns 139,856 shares of the company’s stock worth $6,467,000 after acquiring an additional 48,116 shares during the last quarter. First Trust Advisors LP lifted its stake in First Trust Senior Loan ETF by 14.5% in the 4th quarter. First Trust Advisors LP now owns 1,112,764 shares of the company’s stock valued at $51,437,000 after purchasing an additional 140,722 shares during the last quarter. Adams Wealth Management lifted its stake in First Trust Senior Loan ETF by 27.9% in the 4th quarter. Adams Wealth Management now owns 154,086 shares of the company’s stock valued at $7,125,000 after purchasing an additional 33,589 shares during the last quarter. Garden State Investment Advisory Services LLC boosted its position in First Trust Senior Loan ETF by 6.0% in the fourth quarter. Garden State Investment Advisory Services LLC now owns 9,849 shares of the company’s stock valued at $455,000 after buying an additional 561 shares in the last quarter. Finally, Stenger Family Office LLC bought a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth $2,304,000.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $45.40 on Friday. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.55. The business’s fifty day moving average is $45.74 and its 200 day moving average is $46.07.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.26 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 6.87%. The ex-dividend date of this dividend 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.