Quadrature Capital Ltd Buys Shares of 104,613 First Trust Senior Loan ETF $FTSL

Quadrature Capital Ltd purchased a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 104,613 shares of the company’s stock, valued at approximately $4,801,000. Quadrature Capital Ltd owned approximately 0.20% of First Trust Senior Loan ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sachetta LLC raised its position in First Trust Senior Loan ETF by 293.4% during the 2nd quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after buying an additional 575 shares during the last quarter. GoalVest Advisory LLC purchased a new stake in shares of First Trust Senior Loan ETF in the 2nd quarter valued at $43,000. AdvisorNet Financial Inc purchased a new position in shares of First Trust Senior Loan ETF during the 2nd quarter valued at approximately $45,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of First Trust Senior Loan ETF by 459.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock valued at $71,000 after purchasing an additional 1,274 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC acquired a new stake in shares of First Trust Senior Loan ETF in the 1st quarter worth $138,000.

First Trust Senior Loan ETF Stock Up 0.0%

NASDAQ:FTSL opened at $45.90 on Friday. The stock has a 50-day simple moving average of $45.85 and a 200-day simple moving average of $45.92. 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 firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were paid a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Friday, November 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.