First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Acquired by Little Harbor Advisors LLC

Little Harbor Advisors LLC lifted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 151,105 shares of the company’s stock after buying an additional 7,950 shares during the period. First Trust Senior Loan ETF makes up about 4.1% of Little Harbor Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Little Harbor Advisors LLC owned about 0.30% of First Trust Senior Loan ETF worth $6,987,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FTSL. Kingswood Wealth Advisors LLC raised its holdings in First Trust Senior Loan ETF by 4.1% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 8,409 shares of the company’s stock worth $389,000 after purchasing an additional 335 shares in the last quarter. Curtis Advisory Group LLC raised its holdings in First Trust Senior Loan ETF by 2.8% during the fourth quarter. Curtis Advisory Group LLC now owns 12,432 shares of the company’s stock worth $575,000 after purchasing an additional 341 shares in the last quarter. Milestone Asset Management LLC raised its holdings in First Trust Senior Loan ETF by 3.7% during the fourth quarter. Milestone Asset Management LLC now owns 10,473 shares of the company’s stock worth $484,000 after purchasing an additional 373 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in First Trust Senior Loan ETF by 5.6% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 7,157 shares of the company’s stock worth $331,000 after purchasing an additional 378 shares in the last quarter. Finally, Beaumont Financial Advisors LLC raised its holdings in First Trust Senior Loan ETF by 5.1% during the fourth quarter. Beaumont Financial Advisors LLC now owns 8,960 shares of the company’s stock worth $414,000 after purchasing an additional 435 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $45.75 on Monday. First Trust Senior Loan ETF has a 12 month low of $44.30 and a 12 month high of $46.55. The stock’s 50 day moving average price is $45.58 and its 200 day moving average price is $46.01.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were issued a $0.2575 dividend. The ex-dividend date was Tuesday, April 22nd. This represents a $3.09 annualized dividend and a dividend yield of 6.75%.

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.