United Advisor Group LLC Purchases 20,259 Shares of First Trust Senior Loan ETF $FTSL

United Advisor Group LLC purchased a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 20,259 shares of the company’s stock, valued at approximately $903,000.

A number of other large investors also recently modified their holdings of FTSL. Concurrent Investment Advisors LLC increased its position in shares of First Trust Senior Loan ETF by 107.3% in the second quarter. Concurrent Investment Advisors LLC now owns 593,455 shares of the company’s stock valued at $26,557,000 after acquiring an additional 307,204 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in First Trust Senior Loan ETF during the third quarter worth about $9,084,000. First Trust Advisors LP boosted its position in First Trust Senior Loan ETF by 15.7% during the first quarter. First Trust Advisors LP now owns 1,274,813 shares of the company’s stock valued at $57,097,000 after purchasing an additional 173,354 shares during the last quarter. CoreCap Advisors LLC boosted its position in First Trust Senior Loan ETF by 16,467.1% during the second quarter. CoreCap Advisors LLC now owns 142,146 shares of the company’s stock valued at $6,361,000 after purchasing an additional 141,288 shares during the last quarter. Finally, Sacks & Associates LLC acquired a new position in First Trust Senior Loan ETF during the third quarter valued at approximately $4,677,000.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $44.50 on Friday. First Trust Senior Loan ETF has a twelve month low of $44.25 and a twelve month high of $46.09. The business has a 50 day moving average price of $44.69 and a two-hundred day moving average price of $44.92.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were issued a $0.2250 dividend. This represents a $2.70 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Wednesday, October 21st.

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