Wagner Wealth Management Corp purchased a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) in the third quarter, HoldingsChannel.com reports. The fund purchased 13,781 shares of the company’s stock, valued at approximately $614,000.
Several other institutional investors and hedge funds have also bought and sold shares of FTSL. New England Private Wealth Advisors LLC grew its stake in First Trust Senior Loan ETF by 1.5% during the third quarter. New England Private Wealth Advisors LLC now owns 88,985 shares of the company’s stock worth $3,966,000 after buying an additional 1,328 shares in the last quarter. IFP Advisors Inc increased its holdings in First Trust Senior Loan ETF by 8.8% in the 3rd quarter. IFP Advisors Inc now owns 7,367 shares of the company’s stock valued at $328,000 after buying an additional 593 shares during the period. Encompass More Asset Management bought a new position in First Trust Senior Loan ETF in the 3rd quarter valued at about $344,000. TD Waterhouse Canada Inc. raised its position in shares of First Trust Senior Loan ETF by 25.8% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 19,477 shares of the company’s stock valued at $869,000 after buying an additional 4,000 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC raised its position in shares of First Trust Senior Loan ETF by 6.5% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 499,972 shares of the company’s stock valued at $22,284,000 after buying an additional 30,646 shares in the last quarter.
First Trust Senior Loan ETF Price Performance
Shares of First Trust Senior Loan ETF stock opened at $44.57 on Wednesday. The company has a 50 day moving average of $44.80 and a 200-day moving average of $44.90. First Trust Senior Loan ETF has a 1-year low of $44.37 and a 1-year high of $46.09.
First Trust Senior Loan ETF Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 21st will be paid a $0.2250 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Wednesday, October 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.
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