First Trust Senior Loan ETF (FTSL) To Go Ex-Dividend on March 27th

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.26 per share on Monday, March 31st. This represents a $3.12 annualized dividend and a yield of 6.82%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Senior Loan ETF Trading Down 0.6 %

Shares of FTSL stock opened at $45.75 on Friday. The stock has a 50 day moving average of $46.11 and a 200-day moving average of $46.18. First Trust Senior Loan ETF has a 12 month low of $45.23 and a 12 month high of $46.55.

Hedge Funds Weigh In On First Trust Senior Loan ETF

An institutional investor recently raised its position in First Trust Senior Loan ETF stock. Brighton Jones LLC increased its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 22.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,860 shares of the company’s stock after buying an additional 1,073 shares during the quarter. Brighton Jones LLC’s holdings in First Trust Senior Loan ETF were worth $271,000 at the end of the most recent reporting period.

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.