First Trust Senior Loan ETF (NASDAQ:FTSL) Position Increased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC lifted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 118,286 shares of the company’s stock after acquiring an additional 5,086 shares during the period. Steward Partners Investment Advisory LLC’s holdings in First Trust Senior Loan ETF were worth $5,470,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB acquired a new position in First Trust Senior Loan ETF in the 4th quarter worth approximately $32,000. DHJJ Financial Advisors Ltd. lifted its holdings in shares of First Trust Senior Loan ETF by 377.2% in 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 in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust Senior Loan ETF in the fourth quarter worth $36,000. Peterson Financial Group Inc. purchased a new position in shares of First Trust Senior Loan ETF during the third quarter valued at $98,000. Finally, Global Retirement Partners LLC raised its position in First Trust Senior Loan ETF by 27.4% during the fourth quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock valued at $137,000 after buying an additional 635 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $45.95 on Thursday. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99. The stock has a 50-day moving average price of $46.24 and a 200 day moving average price of $46.18.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a $0.2625 dividend. The ex-dividend date of this dividend was Friday, February 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.