Kingsview Wealth Management LLC Increases Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Kingsview Wealth Management LLC lifted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 12.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,331 shares of the company’s stock after buying an additional 6,041 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.12% of First Trust Senior Loan ETF worth $2,539,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC purchased a new position in First Trust Senior Loan ETF in the second quarter valued at about $27,000. Farmers & Merchants Investments Inc. acquired a new position in First Trust Senior Loan ETF during the 2nd quarter valued at about $46,000. Trust Co. of Vermont acquired a new position in First Trust Senior Loan ETF during the 3rd quarter valued at about $81,000. Peterson Financial Group Inc. purchased a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at approximately $98,000. Finally, Consultiva Wealth Management CORP. acquired a new stake in shares of First Trust Senior Loan ETF during the first quarter worth $100,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ:FTSL opened at $46.25 on Monday. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99. The business has a 50-day moving average price of $46.15 and a 200-day moving average price of $46.05.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders 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 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.