First Trust Senior Loan ETF (NASDAQ:FTSL) Stock Holdings Lifted by Western Wealth Management LLC

Western Wealth Management LLC grew its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,682 shares of the company’s stock after purchasing an additional 265 shares during the period. Western Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $716,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC lifted its stake in shares of First Trust Senior Loan ETF by 5.3% in the 1st quarter. Park Avenue Securities LLC now owns 59,058 shares of the company’s stock valued at $2,696,000 after purchasing an additional 2,953 shares during the last quarter. Armis Advisers LLC bought a new position in First Trust Senior Loan ETF during the fourth quarter valued at about $3,485,000. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust Senior Loan ETF in the fourth quarter worth about $36,000. Raymond James Financial Inc. acquired a new stake in shares of First Trust Senior Loan ETF in the fourth quarter worth about $66,923,000. Finally, Endowment Wealth Management Inc. boosted its stake in shares of First Trust Senior Loan ETF by 20.7% during the 4th quarter. Endowment Wealth Management Inc. now owns 36,005 shares of the company’s stock worth $1,665,000 after acquiring an additional 6,180 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ FTSL opened at $45.89 on Friday. The business’s 50-day simple moving average is $45.79 and its 200-day simple moving average is $45.93. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

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

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.