CoreCap Advisors LLC Increases Stock Holdings in First Trust Senior Loan ETF $FTSL

CoreCap Advisors LLC raised its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 27.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 181,832 shares of the company’s stock after acquiring an additional 39,686 shares during the period. CoreCap Advisors LLC owned approximately 0.33% of First Trust Senior Loan ETF worth $8,104,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Helium Advisors LLC boosted its stake in First Trust Senior Loan ETF by 1.6% during the 1st quarter. Helium Advisors LLC now owns 15,603 shares of the company’s stock valued at $699,000 after purchasing an additional 243 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in First Trust Senior Loan ETF by 4.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,388 shares of the company’s stock worth $286,000 after purchasing an additional 268 shares in the last quarter. Arete Wealth Advisors LLC raised its stake in shares of First Trust Senior Loan ETF by 0.8% in the first quarter. Arete Wealth Advisors LLC now owns 44,621 shares of the company’s stock worth $2,000,000 after purchasing an additional 358 shares during the last quarter. Roxbury Financial LLC lifted its holdings in shares of First Trust Senior Loan ETF by 18.2% in the third quarter. Roxbury Financial LLC now owns 3,019 shares of the company’s stock valued at $135,000 after purchasing an additional 465 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of First Trust Senior Loan ETF by 17.9% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,513 shares of the company’s stock valued at $157,000 after purchasing an additional 533 shares in the last quarter.

First Trust Senior Loan ETF Stock Up 0.1%

Shares of NASDAQ:FTSL traded up $0.05 during mid-day trading on Thursday, hitting $44.63. 448,215 shares of the company traded hands, compared to its average volume of 301,538. The stock has a 50-day moving average price of $44.85 and a two-hundred day moving average price of $44.91. First Trust Senior Loan ETF has a 12-month low of $44.37 and a 12-month high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.2250 per share. This represents a $2.70 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend was Thursday, September 24th.

First Trust Senior Loan ETF 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.