WMS Group LLC Makes New $4.17 Million Investment in First Trust Senior Loan ETF $FTSL

WMS Group LLC purchased a new position in First Trust Senior Loan ETF (NASDAQ:FTSL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 90,985 shares of the company’s stock, valued at approximately $4,174,000. First Trust Senior Loan ETF comprises 5.3% of WMS Group LLC’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds have also recently modified their holdings of FTSL. New England Private Wealth Advisors LLC lifted its holdings in shares of First Trust Senior Loan ETF by 2,022.3% during the fourth quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock valued at $81,455,000 after purchasing an additional 1,691,007 shares in the last quarter. Raymond James Financial Inc. increased its holdings in First Trust Senior Loan ETF by 4.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock worth $71,655,000 after buying an additional 60,649 shares in the last quarter. Royal Bank of Canada raised its position in First Trust Senior Loan ETF by 1.6% in the 4th quarter. Royal Bank of Canada now owns 1,550,685 shares of the company’s stock worth $71,145,000 after buying an additional 25,058 shares during the last quarter. One Capital Management LLC raised its position in First Trust Senior Loan ETF by 11.3% in the 4th quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock worth $57,949,000 after buying an additional 128,141 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in First Trust Senior Loan ETF by 7,657.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock worth $44,125,000 after buying an additional 886,682 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

FTSL opened at $45.00 on Friday. The company’s 50-day simple moving average is $45.04 and its two-hundred day simple moving average is $45.30. First Trust Senior Loan ETF has a 52-week low of $44.37 and a 52-week high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.235 per share. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Thursday, May 21st.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.