Flagstar Advisors Inc. Acquires 1,741 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Flagstar Advisors Inc. grew its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 59,459 shares of the company’s stock after acquiring an additional 1,741 shares during the period. Flagstar Advisors Inc.’s holdings in First Trust Senior Loan ETF were worth $2,749,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingsview Wealth Management LLC increased its position in shares of First Trust Senior Loan ETF by 12.3% during the third quarter. Kingsview Wealth Management LLC now owns 55,331 shares of the company’s stock worth $2,539,000 after buying an additional 6,041 shares during the period. Moloney Securities Asset Management LLC lifted its stake in shares of First Trust Senior Loan ETF by 5.7% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 47,470 shares of the company’s stock valued at $2,178,000 after purchasing an additional 2,539 shares during the period. Nations Financial Group Inc. IA ADV lifted its stake in First Trust Senior Loan ETF by 6.7% in the third quarter. Nations Financial Group Inc. IA ADV now owns 88,379 shares of the company’s stock valued at $4,056,000 after buying an additional 5,572 shares during the period. Integrity Financial Corp WA grew its position in First Trust Senior Loan ETF by 0.6% in the 3rd quarter. Integrity Financial Corp WA now owns 84,548 shares of the company’s stock worth $3,880,000 after purchasing an additional 507 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in First Trust Senior Loan ETF by 10.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 6,779 shares of the company’s stock valued at $311,000 after buying an additional 659 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $46.29 on Wednesday. The stock’s 50 day moving average price is $46.30 and its 200-day moving average price is $46.16. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

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