First Trust Senior Loan ETF $FTSL Stake Increased by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC increased its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 6.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 499,972 shares of the company’s stock after purchasing an additional 30,646 shares during the quarter. First Trust Senior Loan ETF accounts for about 1.0% of Cyndeo Wealth Partners LLC’s investment portfolio, making the stock its 19th largest holding. Cyndeo Wealth Partners LLC owned approximately 0.90% of First Trust Senior Loan ETF worth $22,284,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings in shares of First Trust Senior Loan ETF by 18.0% during the 2nd quarter. NewEdge Advisors LLC now owns 300,787 shares of the company’s stock valued at $13,460,000 after acquiring an additional 45,806 shares in the last quarter. Compass Financial Management LLC acquired a new position in shares of First Trust Senior Loan ETF during the second quarter worth about $1,212,000. Impact Partnership Wealth LLC lifted its stake in shares of First Trust Senior Loan ETF by 31.9% during the first quarter. Impact Partnership Wealth LLC now owns 48,295 shares of the company’s stock worth $2,164,000 after purchasing an additional 11,683 shares in the last quarter. Stenger Family Office LLC purchased a new stake in shares of First Trust Senior Loan ETF in the first quarter worth about $2,005,000. Finally, Andina Capital Management LLC acquired a new stake in shares of First Trust Senior Loan ETF in the second quarter valued at about $1,169,000.

First Trust Senior Loan ETF Trading Down 0.1%

FTSL stock opened at $44.56 on Friday. First Trust Senior Loan ETF has a 1 year low of $44.37 and a 1 year high of $46.09. The stock has a 50-day simple moving average of $44.81 and a 200-day simple moving average of $44.90.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.2250 dividend. This represents a $2.70 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Thursday, September 24th.

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.