Flagstar Advisors Inc. Boosts Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Flagstar Advisors Inc. boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 0.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,011 shares of the company’s stock after buying an additional 552 shares during the quarter. Flagstar Advisors Inc. owned approximately 0.11% of First Trust Senior Loan ETF worth $2,739,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in First Trust Senior Loan ETF by 22.4% in the fourth quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock worth $271,000 after purchasing an additional 1,073 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in First Trust Senior Loan ETF by 27.9% in the fourth quarter. DAVENPORT & Co LLC now owns 117,549 shares of the company’s stock worth $5,435,000 after acquiring an additional 25,616 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its holdings in shares of First Trust Senior Loan ETF by 37.8% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 76,904 shares of the company’s stock valued at $3,556,000 after acquiring an additional 21,079 shares in the last quarter. Financial Advocates Investment Management raised its position in shares of First Trust Senior Loan ETF by 460.6% in the 4th quarter. Financial Advocates Investment Management now owns 58,287 shares of the company’s stock valued at $2,695,000 after purchasing an additional 47,890 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its position in First Trust Senior Loan ETF by 14.6% during the 4th quarter. Silver Oak Securities Incorporated now owns 16,281 shares of the company’s stock worth $753,000 after purchasing an additional 2,069 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 0.1%

NASDAQ FTSL opened at $45.79 on Monday. First Trust Senior Loan ETF has a 12-month low of $44.30 and a 12-month high of $46.55. The company has a fifty day simple moving average of $45.55 and a two-hundred day simple moving average of $45.98.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Wednesday, May 21st were given a dividend of $0.2575 per share. The ex-dividend date was Wednesday, May 21st. This represents a $3.09 dividend on an annualized basis and a yield of 6.75%.

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.