First Pacific Financial Purchases New Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

First Pacific Financial acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,814 shares of the company’s stock, valued at approximately $83,000.

Other hedge funds also recently added to or reduced their stakes in the company. Aurora Private Wealth Inc. raised its stake in shares of First Trust Senior Loan ETF by 6.1% in the 1st quarter. Aurora Private Wealth Inc. now owns 84,645 shares of the company’s stock valued at $3,864,000 after purchasing an additional 4,845 shares in the last quarter. Global Assets Advisory LLC increased its holdings in First Trust Senior Loan ETF by 200.0% in the first quarter. Global Assets Advisory LLC now owns 29,298 shares of the company’s stock valued at $1,326,000 after buying an additional 19,533 shares during the last quarter. Valmark Advisers Inc. raised its stake in First Trust Senior Loan ETF by 25.2% during the first quarter. Valmark Advisers Inc. now owns 40,003 shares of the company’s stock valued at $1,826,000 after buying an additional 8,053 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in First Trust Senior Loan ETF by 2.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 41,567 shares of the company’s stock worth $1,898,000 after buying an additional 968 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in First Trust Senior Loan ETF by 14.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 434,860 shares of the company’s stock worth $19,851,000 after buying an additional 55,739 shares during the last quarter.

First Trust Senior Loan ETF Trading Up 0.0%

Shares of FTSL opened at $46.07 on Thursday. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55. The stock has a 50 day moving average of $45.77 and a 200-day moving average of $45.94.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Wednesday, May 21st were issued a $0.2575 dividend. This represents a $3.09 dividend on an annualized basis and a yield of 6.71%. The ex-dividend date was Wednesday, May 21st.

First Trust Senior Loan ETF Company Profile

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.