First Trust Senior Loan ETF (NASDAQ:FTSL) Stake Boosted by Capital Investment Counsel LLC

Capital Investment Counsel LLC lifted its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 593.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 140,405 shares of the company’s stock after purchasing an additional 120,145 shares during the quarter. Capital Investment Counsel LLC owned about 0.30% of First Trust Senior Loan ETF worth $6,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. NBC Securities Inc. grew its stake in First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after buying an additional 239 shares during the last quarter. Cambridge Advisors Inc. grew its position in shares of First Trust Senior Loan ETF by 1.8% during the second quarter. Cambridge Advisors Inc. now owns 14,017 shares of the company’s stock worth $641,000 after acquiring an additional 253 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. increased its holdings in shares of First Trust Senior Loan ETF by 0.6% in the 2nd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 41,751 shares of the company’s stock worth $1,908,000 after acquiring an additional 255 shares during the period. Western Wealth Management LLC lifted its position in First Trust Senior Loan ETF by 1.5% in the 2nd quarter. Western Wealth Management LLC now owns 18,172 shares of the company’s stock valued at $831,000 after purchasing an additional 261 shares during the last quarter. Finally, Stephens Inc. AR lifted its position in First Trust Senior Loan ETF by 6.5% in the 3rd quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock valued at $226,000 after purchasing an additional 300 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL opened at $46.25 on Friday. The company has a 50-day moving average price of $46.15 and a two-hundred day moving average price of $46.05. First Trust Senior Loan ETF has a 52 week low of $45.01 and a 52 week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Senior Loan ETF Company 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.