MJT & Associates Financial Advisory Group Inc. Takes Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

MJT & Associates Financial Advisory Group Inc. bought a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,590 shares of the company’s stock, valued at approximately $164,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Pacific Financial acquired a new position in First Trust Senior Loan ETF during the 1st quarter worth approximately $83,000. Sunbelt Securities Inc. increased its position in First Trust Senior Loan ETF by 23.1% during the 4th quarter. Sunbelt Securities Inc. now owns 1,860 shares of the company’s stock worth $86,000 after purchasing an additional 349 shares in the last quarter. Mpwm Advisory Solutions LLC acquired a new position in First Trust Senior Loan ETF during the 4th quarter worth approximately $95,000. BNP Paribas Financial Markets acquired a new position in First Trust Senior Loan ETF during the 4th quarter worth approximately $148,000. Finally, NBC Securities Inc. increased its position in First Trust Senior Loan ETF by 125,100.0% during the 1st quarter. NBC Securities Inc. now owns 3,756 shares of the company’s stock worth $171,000 after purchasing an additional 3,753 shares in the last quarter.

First Trust Senior Loan ETF Trading Up 0.0%

FTSL stock opened at $45.95 on Monday. The company has a 50 day simple moving average of $45.95 and a 200 day simple moving average of $45.89. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 22nd will be given a dividend of $0.2525 per share. This represents a $3.03 dividend on an annualized basis and a yield of 6.59%. The ex-dividend date is Tuesday, July 22nd.

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.