First Trust Senior Loan ETF $FTSL Stock Bought by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC grew its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 10.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 173,796 shares of the company’s stock after acquiring an additional 16,568 shares during the quarter. Lake Street Private Wealth LLC owned 0.31% of First Trust Senior Loan ETF worth $7,746,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of FTSL. Continuum Advisory LLC acquired a new position in First Trust Senior Loan ETF during the 2nd quarter valued at $28,000. Raleigh Capital Management Inc. bought a new stake in First Trust Senior Loan ETF in the 1st quarter valued at $30,000. Sound Income Strategies LLC boosted its holdings in First Trust Senior Loan ETF by 140.3% in the 1st quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after purchasing an additional 599 shares during the period. Tucker Asset Management LLC boosted its holdings in First Trust Senior Loan ETF by 1,925.3% in the 2nd quarter. Tucker Asset Management LLC now owns 1,843 shares of the company’s stock valued at $82,000 after purchasing an additional 1,752 shares during the period. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in First Trust Senior Loan ETF in the 1st quarter worth $84,000.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL opened at $44.33 on Friday. The company’s fifty day moving average is $44.78 and its two-hundred day moving average is $44.89. First Trust Senior Loan ETF has a 52-week low of $44.26 and a 52-week high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 21st will be paid a $0.2250 dividend. This represents a $2.70 annualized dividend and a dividend yield of 6.1%. The ex-dividend date is Wednesday, 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. FTSL was launched on May 1, 2013 and is managed by First Trust.