TFG Advisers LLC Boosts Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

TFG Advisers LLC grew its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,781 shares of the company’s stock after acquiring an additional 1,243 shares during the quarter. TFG Advisers LLC’s holdings in First Trust Senior Loan ETF were worth $730,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FTSL. MassMutual Private Wealth & Trust FSB purchased a new stake in First Trust Senior Loan ETF in the 4th quarter worth about $32,000. Trust Co. of Vermont bought a new position in shares of First Trust Senior Loan ETF during the third quarter valued at approximately $81,000. Peterson Financial Group Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the third quarter worth approximately $98,000. NBC Securities Inc. lifted its stake in shares of First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after acquiring an additional 239 shares during the last quarter. Finally, FLC Capital Advisors purchased a new position in First Trust Senior Loan ETF during the 4th quarter valued at $210,000.

First Trust Senior Loan ETF Trading Down 0.0 %

FTSL stock opened at $46.21 on Friday. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.99. The business’s fifty day simple moving average is $46.31 and its two-hundred day simple moving average is $46.14.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.2675 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.