Cyndeo Wealth Partners LLC Boosts Holdings in First Trust Senior Loan ETF $FTSL

Cyndeo Wealth Partners LLC boosted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.0% in the second quarter, HoldingsChannel reports. The fund owned 392,122 shares of the company’s stock after purchasing an additional 3,975 shares during the quarter. First Trust Senior Loan ETF makes up 1.1% of Cyndeo Wealth Partners LLC’s portfolio, making the stock its 18th largest position. Cyndeo Wealth Partners LLC’s holdings in First Trust Senior Loan ETF were worth $17,994,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Valmark Advisers Inc. raised its holdings in shares of First Trust Senior Loan ETF by 0.5% in the second quarter. Valmark Advisers Inc. now owns 40,221 shares of the company’s stock worth $1,846,000 after buying an additional 218 shares during the last quarter. Western Wealth Management LLC raised its holdings in shares of First Trust Senior Loan ETF by 1.7% in the first quarter. Western Wealth Management LLC now owns 15,682 shares of the company’s stock worth $716,000 after buying an additional 265 shares during the last quarter. Fifth Third Securities Inc. raised its holdings in shares of First Trust Senior Loan ETF by 0.4% in the second quarter. Fifth Third Securities Inc. now owns 74,222 shares of the company’s stock worth $3,406,000 after buying an additional 290 shares during the last quarter. Realta Investment Advisors raised its holdings in shares of First Trust Senior Loan ETF by 5.0% in the first quarter. Realta Investment Advisors now owns 6,603 shares of the company’s stock worth $301,000 after buying an additional 315 shares during the last quarter. Finally, IFG Advisory LLC raised its holdings in shares of First Trust Senior Loan ETF by 4.9% in the first quarter. IFG Advisory LLC now owns 7,464 shares of the company’s stock worth $341,000 after buying an additional 347 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 0.0%

NASDAQ FTSL opened at $45.83 on Friday. First Trust Senior Loan ETF has a 12-month low of $44.30 and a 12-month high of $46.55. The company has a fifty day simple moving average of $45.97 and a two-hundred day simple moving average of $45.83.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.245 dividend. The ex-dividend date was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

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.