Prudential PLC Buys 4,000 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Prudential PLC boosted its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 7.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,550 shares of the company’s stock after buying an additional 4,000 shares during the period. Prudential PLC’s holdings in First Trust Senior Loan ETF were worth $2,800,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. PNC Financial Services Group Inc. bought a new position in shares of First Trust Senior Loan ETF in the 4th quarter worth about $25,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $32,000. DHJJ Financial Advisors Ltd. lifted its holdings in shares of First Trust Senior Loan ETF by 377.2% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock valued at $36,000 after purchasing an additional 611 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of First Trust Senior Loan ETF in the 4th quarter worth approximately $36,000. Finally, Global Retirement Partners LLC grew its stake in shares of First Trust Senior Loan ETF by 27.4% in the 4th quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock worth $137,000 after buying an additional 635 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 1.8 %

FTSL stock opened at $44.58 on Friday. The business has a 50 day moving average of $46.00 and a 200 day moving average of $46.15. First Trust Senior Loan ETF has a twelve month low of $44.52 and a twelve month high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.26 per share. The ex-dividend date was Thursday, March 27th. This represents a $3.12 annualized dividend and a dividend yield of 7.00%.

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.