Creative Financial Designs Inc. ADV Boosts Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Creative Financial Designs Inc. ADV boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 16.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,301 shares of the company’s stock after acquiring an additional 1,144 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in First Trust Senior Loan ETF were worth $379,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 23.1% in the 4th quarter. Sunbelt Securities Inc. now owns 1,860 shares of the company’s stock worth $86,000 after buying an additional 349 shares during the period. Insight Advisors LLC PA lifted its holdings in shares of First Trust Senior Loan ETF by 8.2% in the 1st quarter. Insight Advisors LLC PA now owns 4,903 shares of the company’s stock worth $224,000 after buying an additional 370 shares during the period. Castleview Partners LLC lifted its holdings in shares of First Trust Senior Loan ETF by 4.2% in the 1st quarter. Castleview Partners LLC now owns 9,223 shares of the company’s stock worth $421,000 after buying an additional 375 shares during the period. Capital Analysts LLC lifted its holdings in shares of First Trust Senior Loan ETF by 5.1% in the 4th quarter. Capital Analysts LLC now owns 9,541 shares of the company’s stock worth $441,000 after buying an additional 459 shares during the period. Finally, Brighton Jones LLC lifted its holdings in shares of First Trust Senior Loan ETF by 8.1% in the 1st quarter. Brighton Jones LLC now owns 6,335 shares of the company’s stock worth $289,000 after buying an additional 475 shares during the period.

First Trust Senior Loan ETF Trading Up 0.1%

Shares of FTSL stock opened at $45.89 on Friday. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.55. The stock has a fifty day simple moving average of $45.79 and a two-hundred day simple moving average of $45.93.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 26th will be issued a $0.2525 dividend. This represents a $3.03 annualized dividend and a dividend yield of 6.60%. The ex-dividend date of this dividend is Thursday, June 26th.

First Trust Senior Loan ETF 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.