Harbor Advisory Corp MA Raises Position in First Trust Senior Loan ETF $FTSL

Harbor Advisory Corp MA raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 326,213 shares of the company’s stock after acquiring an additional 17,250 shares during the quarter. First Trust Senior Loan ETF comprises approximately 4.5% of Harbor Advisory Corp MA’s portfolio, making the stock its 3rd biggest holding. Harbor Advisory Corp MA’s holdings in First Trust Senior Loan ETF were worth $14,967,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTSL. Brighton Jones LLC raised its holdings 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 during the period. Goldman Sachs Group Inc. bought a new stake in First Trust Senior Loan ETF during the 1st quarter valued at $5,254,000. Qube Research & Technologies Ltd raised its holdings in First Trust Senior Loan ETF by 111.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock valued at $149,000 after acquiring an additional 1,714 shares during the period. Betterment LLC raised its holdings in First Trust Senior Loan ETF by 9.0% during the 2nd quarter. Betterment LLC now owns 8,957 shares of the company’s stock valued at $411,000 after acquiring an additional 741 shares during the period. Finally, Ausdal Financial Partners Inc. raised its holdings in First Trust Senior Loan ETF by 316.0% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 23,860 shares of the company’s stock valued at $1,095,000 after acquiring an additional 18,125 shares during the period.

First Trust Senior Loan ETF Stock Down 0.5%

First Trust Senior Loan ETF stock opened at $44.93 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $44.37 and a fifty-two week high of $46.19. The firm’s fifty day moving average price is $45.01 and its 200-day moving average price is $45.43.

First Trust Senior Loan ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be issued a $0.235 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 6.3%.

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.