Flaharty Asset Management LLC Grows Holdings in First Trust Senior Loan ETF $FTSL

Flaharty Asset Management LLC increased its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.1% in the second quarter, Holdings Channel.com reports. The fund owned 723,967 shares of the company’s stock after purchasing an additional 8,215 shares during the period. First Trust Senior Loan ETF comprises about 6.8% of Flaharty Asset Management LLC’s holdings, making the stock its 5th biggest position. Flaharty Asset Management LLC’s holdings in First Trust Senior Loan ETF were worth $33,223,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sachetta LLC lifted its stake in First Trust Senior Loan ETF by 293.4% in the 2nd quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after purchasing an additional 575 shares in the last quarter. GoalVest Advisory LLC bought a new stake in shares of First Trust Senior Loan ETF in the second quarter worth about $43,000. AdvisorNet Financial Inc purchased a new stake in shares of First Trust Senior Loan ETF in the second quarter worth about $45,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in First Trust Senior Loan ETF by 459.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock valued at $71,000 after buying an additional 1,274 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in First Trust Senior Loan ETF during the first quarter valued at approximately $138,000.

First Trust Senior Loan ETF Stock Up 0.1%

NASDAQ:FTSL opened at $45.97 on Friday. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.55. The stock’s 50 day simple moving average is $45.88 and its two-hundred day simple moving average is $45.91.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, October 21st were given a $0.245 dividend. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date was Tuesday, October 21st.

About First Trust Senior Loan ETF

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.