First Trust Senior Loan ETF $FTSL is TL Private Wealth’s 4th Largest Position

TL Private Wealth grew its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 534,764 shares of the company’s stock after acquiring an additional 18,521 shares during the quarter. First Trust Senior Loan ETF comprises 9.5% of TL Private Wealth’s portfolio, making the stock its 4th biggest position. TL Private Wealth owned about 1.04% of First Trust Senior Loan ETF worth $24,631,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of FTSL. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in First Trust Senior Loan ETF by 10.5% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 172,645 shares of the company’s stock valued at $7,914,000 after buying an additional 16,409 shares during the period. Assetmark Inc. increased its position in shares of First Trust Senior Loan ETF by 114.7% in the third quarter. Assetmark Inc. now owns 93,582 shares of the company’s stock worth $4,290,000 after acquiring an additional 49,990 shares in the last quarter. Algorithmic Investment Models LLC purchased a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $2,456,000. Mayflower Financial Advisors LLC purchased a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at $879,000. Finally, HBW Advisory Services LLC lifted its holdings in shares of First Trust Senior Loan ETF by 66.1% during the 3rd quarter. HBW Advisory Services LLC now owns 29,393 shares of the company’s stock valued at $1,347,000 after acquiring an additional 11,693 shares in the last quarter.

First Trust Senior Loan ETF Stock Down 0.1%

Shares of First Trust Senior Loan ETF stock opened at $44.94 on Wednesday. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.19. The company has a fifty day moving average price of $45.26 and a 200 day moving average price of $45.67.

First Trust Senior Loan ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a $0.24 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 6.4%.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.