Insight Advisors LLC PA Purchases 370 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Insight Advisors LLC PA increased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.2% during the 1st quarter, HoldingsChannel reports. The fund owned 4,903 shares of the company’s stock after purchasing an additional 370 shares during the quarter. Insight Advisors LLC PA’s holdings in First Trust Senior Loan ETF were worth $224,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in FTSL. PNC Financial Services Group Inc. acquired a new position in First Trust Senior Loan ETF during the 4th quarter valued at about $25,000. DHJJ Financial Advisors Ltd. raised its stake in shares of First Trust Senior Loan ETF by 377.2% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock worth $36,000 after buying an additional 611 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in First Trust Senior Loan ETF in the fourth quarter valued at approximately $36,000. Sunbelt Securities Inc. lifted its holdings in First Trust Senior Loan ETF by 23.1% in the fourth quarter. Sunbelt Securities Inc. now owns 1,860 shares of the company’s stock valued at $86,000 after buying an additional 349 shares during the period. Finally, Mpwm Advisory Solutions LLC bought a new position in First Trust Senior Loan ETF in the fourth quarter valued at approximately $95,000.

First Trust Senior Loan ETF Trading Up 0.1%

Shares of First Trust Senior Loan ETF stock opened at $45.88 on Friday. The firm has a fifty day moving average of $45.56 and a two-hundred day moving average of $45.97. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were issued a $0.2575 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $3.09 dividend on an annualized basis and a yield of 6.73%.

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.