Yanni & Associates Investment Advisors LLC Buys Shares of 34,058 First Trust Senior Loan ETF $FTSL

Yanni & Associates Investment Advisors LLC bought a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,058 shares of the company’s stock, valued at approximately $1,563,000. First Trust Senior Loan ETF accounts for about 1.6% of Yanni & Associates Investment Advisors LLC’s holdings, making the stock its 16th biggest position. Yanni & Associates Investment Advisors LLC owned 0.07% of First Trust Senior Loan ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC acquired a new position in First Trust Senior Loan ETF in the fourth quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Senior Loan ETF by 7,657.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock valued at $44,125,000 after buying an additional 886,682 shares during the period. Petix & Botte Co lifted its stake in First Trust Senior Loan ETF by 17.6% in the fourth quarter. Petix & Botte Co now owns 124,115 shares of the company’s stock valued at $5,694,000 after buying an additional 18,574 shares during the period. PCG Wealth Advisors LLC lifted its stake in First Trust Senior Loan ETF by 3.3% in the fourth quarter. PCG Wealth Advisors LLC now owns 86,282 shares of the company’s stock valued at $3,959,000 after buying an additional 2,783 shares during the period. Finally, Pinnacle Associates Ltd. acquired a new position in First Trust Senior Loan ETF in the fourth quarter valued at about $485,000.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $45.13 on Tuesday. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.19. The business’s 50-day moving average price is $45.00 and its two-hundred day moving average price is $45.45.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were given a dividend of $0.235 per share. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%.

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.