Balboa Wealth Partners Buys Shares of 6,865 First Trust Senior Loan ETF $FTSL

Balboa Wealth Partners bought a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,865 shares of the company’s stock, valued at approximately $315,000.

Several other hedge funds have also recently added to or reduced their stakes in FTSL. Brighton Jones LLC raised its stake in First Trust Senior Loan ETF by 22.4% during the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock valued at $271,000 after acquiring an additional 1,073 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of First Trust Senior Loan ETF by 19.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 246,798 shares of the company’s stock worth $11,266,000 after buying an additional 40,095 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust Senior Loan ETF by 14.7% in 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 in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of First Trust Senior Loan ETF by 2.4% in 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 in the last quarter. Finally, Valmark Advisers Inc. raised its stake in shares of First Trust Senior Loan ETF by 25.2% in the 1st quarter. Valmark Advisers Inc. now owns 40,003 shares of the company’s stock worth $1,826,000 after buying an additional 8,053 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

FTSL opened at $45.87 on Tuesday. First Trust Senior Loan ETF has a one year low of $44.30 and a one year high of $46.55. The stock’s fifty day moving average is $45.94 and its 200-day moving average is $45.84.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be paid a $0.245 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Tuesday, October 21st.

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.