Capital Investment Counsel LLC Grows Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Capital Investment Counsel LLC boosted its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 95.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 274,218 shares of the company’s stock after buying an additional 133,813 shares during the quarter. First Trust Senior Loan ETF makes up approximately 2.1% of Capital Investment Counsel LLC’s portfolio, making the stock its 7th largest holding. Capital Investment Counsel LLC owned about 0.54% of First Trust Senior Loan ETF worth $12,680,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB bought a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at approximately $32,000. Trust Co. of Vermont bought a new position in First Trust Senior Loan ETF during the third quarter valued at $81,000. Peterson Financial Group Inc. purchased a new stake in First Trust Senior Loan ETF in the third quarter worth $98,000. NBC Securities Inc. raised its stake in shares of First Trust Senior Loan ETF by 6.9% in the third quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock valued at $168,000 after buying an additional 239 shares during the period. Finally, FLC Capital Advisors purchased a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at $210,000.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $46.26 on Wednesday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99. The stock has a fifty day moving average of $46.32 and a 200-day moving average of $46.14.

First Trust Senior Loan ETF Cuts Dividend

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