Holistic Planning LLC Invests $440,000 in First Trust Senior Loan ETF (NASDAQ:FTSL)

Holistic Planning LLC acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the first quarter, HoldingsChannel reports. The firm acquired 9,632 shares of the company’s stock, valued at approximately $440,000.

A number of other large investors also recently bought and sold shares of FTSL. Western Wealth Management LLC lifted its position in shares of First Trust Senior Loan ETF by 1.7% during the first quarter. Western Wealth Management LLC now owns 15,682 shares of the company’s stock worth $716,000 after purchasing an additional 265 shares during the last quarter. Sunbelt Securities Inc. increased its stake in First Trust Senior Loan ETF by 23.1% in the 4th quarter. Sunbelt Securities Inc. now owns 1,860 shares of the company’s stock worth $86,000 after buying an additional 349 shares during the period. Insight Advisors LLC PA lifted its holdings in First Trust Senior Loan ETF by 8.2% during the 1st quarter. Insight Advisors LLC PA now owns 4,903 shares of the company’s stock valued at $224,000 after buying an additional 370 shares in the last quarter. Castleview Partners LLC boosted its position in First Trust Senior Loan ETF by 4.2% in the 1st quarter. Castleview Partners LLC now owns 9,223 shares of the company’s stock valued at $421,000 after buying an additional 375 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its stake in First Trust Senior Loan ETF by 5.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 7,157 shares of the company’s stock worth $331,000 after acquiring an additional 378 shares in the last quarter.

First Trust Senior Loan ETF Trading Down 0.5%

Shares of NASDAQ FTSL opened at $45.84 on Friday. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.55. The stock has a 50 day moving average price of $45.78 and a 200 day moving average price of $45.93.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Thursday, June 26th will be issued a $0.2525 dividend. This represents a $3.03 annualized dividend and a dividend yield of 6.61%. The ex-dividend date is Thursday, June 26th.

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.