Puff Wealth Management LLC Makes New Investment in First Trust Senior Loan ETF $FTSL

Puff Wealth Management LLC purchased a new position in First Trust Senior Loan ETF (NASDAQ:FTSL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 18,515 shares of the company’s stock, valued at approximately $829,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. New England Private Wealth Advisors LLC increased its position in First Trust Senior Loan ETF by 2,022.3% during the 4th quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock worth $81,455,000 after purchasing an additional 1,691,007 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in First Trust Senior Loan ETF by 4.0% in the 3rd quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock valued at $71,655,000 after purchasing an additional 60,649 shares in the last quarter. Royal Bank of Canada lifted its holdings in First Trust Senior Loan ETF by 1.6% in the 4th quarter. Royal Bank of Canada now owns 1,550,685 shares of the company’s stock valued at $71,145,000 after purchasing an additional 25,058 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of First Trust Senior Loan ETF by 15.7% during the 1st quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock worth $57,097,000 after purchasing an additional 173,354 shares during the last quarter. Finally, One Capital Management LLC boosted its stake in shares of First Trust Senior Loan ETF by 11.3% during the 4th quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock worth $57,949,000 after purchasing an additional 128,141 shares during the last quarter.

First Trust Senior Loan ETF Trading Up 0.1%

Shares of NASDAQ FTSL opened at $44.92 on Friday. The company has a 50-day simple moving average of $44.87 and a 200-day simple moving average of $45.03. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a dividend of $0.225 per share. The ex-dividend date was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.