TrueWealth Financial Partners Acquires Shares of 55,358 First Trust Senior Loan ETF $FTSL

TrueWealth Financial Partners acquired a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 55,358 shares of the company’s stock, valued at approximately $2,540,000. First Trust Senior Loan ETF comprises about 2.1% of TrueWealth Financial Partners’ portfolio, making the stock its 15th biggest position. TrueWealth Financial Partners owned about 0.11% of First Trust Senior Loan ETF as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. raised its holdings in First Trust Senior Loan ETF by 4.0% in the third quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock worth $71,655,000 after purchasing an additional 60,649 shares during the period. UBS Group AG raised its holdings in First Trust Senior Loan ETF by 4.1% in the fourth quarter. UBS Group AG now owns 815,183 shares of the company’s stock worth $37,401,000 after purchasing an additional 31,935 shares during the period. Flaharty Asset Management LLC raised its holdings in First Trust Senior Loan ETF by 4.7% in the third quarter. Flaharty Asset Management LLC now owns 758,344 shares of the company’s stock worth $34,762,000 after purchasing an additional 34,377 shares during the period. Envestnet Asset Management Inc. raised its holdings in First Trust Senior Loan ETF by 9.4% in the third quarter. Envestnet Asset Management Inc. now owns 620,563 shares of the company’s stock worth $28,447,000 after purchasing an additional 53,338 shares during the period. Finally, Virtue Capital Management LLC raised its holdings in First Trust Senior Loan ETF by 7.2% in the third quarter. Virtue Capital Management LLC now owns 593,133 shares of the company’s stock worth $27,189,000 after purchasing an additional 40,062 shares during the period.

First Trust Senior Loan ETF Trading Up 0.1%

FTSL opened at $45.20 on Thursday. The firm’s fifty day moving average is $44.98 and its two-hundred day moving average is $45.46. First Trust Senior Loan ETF has a twelve month low of $44.37 and a twelve month high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a $0.235 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) annualized dividend and a yield of 6.2%.

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.