Cypress Wealth Services LLC Takes Position in First Trust Senior Loan ETF (FTSL)

Cypress Wealth Services LLC purchased a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the third quarter, HoldingsChannel.com reports. The firm purchased 4,297 shares of the company’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Morgan Stanley grew its holdings in First Trust Senior Loan ETF by 8.5% during the 2nd quarter. Morgan Stanley now owns 3,420,859 shares of the company’s stock worth $163,415,000 after acquiring an additional 268,227 shares in the last quarter. RiverFront Investment Group LLC grew its holdings in First Trust Senior Loan ETF by 0.3% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,966,149 shares of the company’s stock worth $93,942,000 after acquiring an additional 6,033 shares in the last quarter. Wells Fargo & Company MN grew its holdings in First Trust Senior Loan ETF by 23.5% during the 2nd quarter. Wells Fargo & Company MN now owns 1,509,118 shares of the company’s stock worth $72,091,000 after acquiring an additional 287,602 shares in the last quarter. Bank of America Corp DE grew its holdings in First Trust Senior Loan ETF by 23.9% during the 2nd quarter. Bank of America Corp DE now owns 1,126,010 shares of the company’s stock worth $53,789,000 after acquiring an additional 217,301 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in First Trust Senior Loan ETF by 6.9% during the 2nd quarter. Raymond James & Associates now owns 811,748 shares of the company’s stock worth $38,777,000 after acquiring an additional 52,466 shares in the last quarter.

FTSL stock traded down $0.02 during mid-day trading on Friday, hitting $48.11. 212,715 shares of the company were exchanged, compared to its average volume of 200,607. First Trust Senior Loan ETF has a twelve month low of $47.69 and a twelve month high of $48.38.

The business also recently disclosed a monthly dividend, which was paid on Friday, September 28th. Shareholders of record on Monday, September 17th were issued a dividend of $0.17 per share. This represents a $2.04 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend was Friday, September 14th.

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Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

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