Coastwise Capital Group LLC Raises Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Coastwise Capital Group LLC lifted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 33.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 57,084 shares of the company’s stock after purchasing an additional 14,194 shares during the period. First Trust Senior Loan ETF makes up approximately 2.1% of Coastwise Capital Group LLC’s investment portfolio, making the stock its 11th biggest position. Coastwise Capital Group LLC’s holdings in First Trust Senior Loan ETF were worth $2,640,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Kingsview Wealth Management LLC lifted its stake in First Trust Senior Loan ETF by 12.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 55,331 shares of the company’s stock worth $2,539,000 after purchasing an additional 6,041 shares in the last quarter. Moloney Securities Asset Management LLC lifted its position in shares of First Trust Senior Loan ETF by 5.7% in the third quarter. Moloney Securities Asset Management LLC now owns 47,470 shares of the company’s stock worth $2,178,000 after buying an additional 2,539 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. lifted its position in shares of First Trust Senior Loan ETF by 6.4% in the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 17,474 shares of the company’s stock worth $802,000 after buying an additional 1,052 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of First Trust Senior Loan ETF by 6.7% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 88,379 shares of the company’s stock worth $4,056,000 after acquiring an additional 5,572 shares in the last quarter. Finally, Integrity Financial Corp WA raised its holdings in shares of First Trust Senior Loan ETF by 0.6% during the 3rd quarter. Integrity Financial Corp WA now owns 84,548 shares of the company’s stock worth $3,880,000 after acquiring an additional 507 shares in the last quarter.

First Trust Senior Loan ETF Stock Down 0.0 %

Shares of FTSL opened at $46.25 on Friday. The business’s 50 day simple moving average is $46.32 and its 200-day simple moving average is $46.14. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a dividend of $0.2675 per share. The ex-dividend date is Wednesday, January 22nd.

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.