Petix & Botte Co Has $4.84 Million Stake in First Trust Senior Loan ETF $FTSL

Petix & Botte Co increased its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 14.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 105,541 shares of the company’s stock after purchasing an additional 13,183 shares during the quarter. First Trust Senior Loan ETF makes up 1.1% of Petix & Botte Co’s investment portfolio, making the stock its 27th largest holding. Petix & Botte Co owned approximately 0.21% of First Trust Senior Loan ETF worth $4,838,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new position in shares of First Trust Senior Loan ETF in the third quarter valued at approximately $26,000. Asset Dedication LLC bought a new stake in shares of First Trust Senior Loan ETF during the 2nd quarter worth $28,000. Montag A & Associates Inc. acquired a new position in First Trust Senior Loan ETF in the 3rd quarter valued at $95,000. National Bank of Canada FI acquired a new position in First Trust Senior Loan ETF in the 3rd quarter valued at $128,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in First Trust Senior Loan ETF in the 3rd quarter worth $137,000.

First Trust Senior Loan ETF Stock Up 0.2%

Shares of NASDAQ:FTSL opened at $45.02 on Wednesday. The stock’s 50-day moving average is $45.37 and its 200-day moving average is $45.71. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a dividend of $0.24 per share. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a 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. FTSL was launched on May 1, 2013 and is managed by First Trust.