Mattern Wealth Management LLC Has $453,000 Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Mattern Wealth Management LLC lowered its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,805 shares of the company’s stock after selling 944 shares during the quarter. Mattern Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $453,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kovitz Investment Group Partners LLC raised its position in First Trust Senior Loan ETF by 12.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 582,473 shares of the company’s stock worth $26,730,000 after purchasing an additional 64,467 shares during the last quarter. TL Private Wealth increased its position in First Trust Senior Loan ETF by 1.6% in the fourth quarter. TL Private Wealth now owns 466,873 shares of the company’s stock worth $21,668,000 after purchasing an additional 7,189 shares during the period. Virtue Capital Management LLC raised its holdings in First Trust Senior Loan ETF by 11.1% during the 3rd quarter. Virtue Capital Management LLC now owns 433,590 shares of the company’s stock worth $19,897,000 after purchasing an additional 43,432 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its position in First Trust Senior Loan ETF by 1.0% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 368,041 shares of the company’s stock valued at $17,018,000 after purchasing an additional 3,647 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in shares of First Trust Senior Loan ETF by 3,386.8% in the 3rd quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock valued at $15,593,000 after purchasing an additional 330,043 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $46.26 on Tuesday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99. The company’s 50 day simple moving average is $46.32 and its 200 day simple moving average is $46.14.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be given a $0.2675 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.