Aspen Investment Management Inc Purchases 1,626 Shares of First Trust Senior Loan ETF $FTSL

Aspen Investment Management Inc raised its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,364 shares of the company’s stock after buying an additional 1,626 shares during the quarter. First Trust Senior Loan ETF comprises about 1.8% of Aspen Investment Management Inc’s portfolio, making the stock its 11th largest position. Aspen Investment Management Inc owned about 0.16% of First Trust Senior Loan ETF worth $3,806,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC bought a new position in First Trust Senior Loan ETF in the 1st quarter valued at about $11,038,000. Arete Wealth Advisors LLC increased its position in First Trust Senior Loan ETF by 1.2% during the 1st quarter. Arete Wealth Advisors LLC now owns 42,390 shares of the company’s stock worth $1,935,000 after purchasing an additional 488 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in First Trust Senior Loan ETF during the 1st quarter worth approximately $5,254,000. Jones Financial Companies Lllp increased its position in First Trust Senior Loan ETF by 495.6% during the 1st quarter. Jones Financial Companies Lllp now owns 51,756 shares of the company’s stock worth $2,363,000 after purchasing an additional 43,067 shares in the last quarter. Finally, Plotkin Financial Advisors LLC increased its position in First Trust Senior Loan ETF by 30.6% during the 1st quarter. Plotkin Financial Advisors LLC now owns 12,431 shares of the company’s stock worth $567,000 after purchasing an additional 2,911 shares in the last quarter.

First Trust Senior Loan ETF Trading Down 0.0%

FTSL stock opened at $45.99 on Wednesday. The company has a 50 day simple moving average of $46.00 and a 200 day simple moving average of $45.82. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 29th. Investors of record on Thursday, August 21st were given a dividend of $0.245 per share. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Thursday, August 21st.

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.