IFP Advisors Inc Purchases 766 Shares of First Trust Senior Loan ETF $FTSL

IFP Advisors Inc grew its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,633 shares of the company’s stock after buying an additional 766 shares during the period. IFP Advisors Inc’s holdings in First Trust Senior Loan ETF were worth $901,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. increased its position in First Trust Senior Loan ETF by 0.5% during the 2nd quarter. Valmark Advisers Inc. now owns 40,221 shares of the company’s stock worth $1,846,000 after buying an additional 218 shares during the period. Western Wealth Management LLC increased its position in First Trust Senior Loan ETF by 1.7% during the 1st quarter. Western Wealth Management LLC now owns 15,682 shares of the company’s stock worth $716,000 after buying an additional 265 shares during the period. Fifth Third Securities Inc. increased its position in First Trust Senior Loan ETF by 0.4% during the 2nd quarter. Fifth Third Securities Inc. now owns 74,222 shares of the company’s stock worth $3,406,000 after buying an additional 290 shares during the period. Realta Investment Advisors increased its position in First Trust Senior Loan ETF by 5.0% during the 1st quarter. Realta Investment Advisors now owns 6,603 shares of the company’s stock worth $301,000 after buying an additional 315 shares during the period. Finally, IFG Advisory LLC increased its position in First Trust Senior Loan ETF by 4.9% during the 1st quarter. IFG Advisory LLC now owns 7,464 shares of the company’s stock worth $341,000 after buying an additional 347 shares during the period.

First Trust Senior Loan ETF Price Performance

FTSL opened at $45.74 on Tuesday. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.55. The business’s fifty day moving average is $45.96 and its 200-day moving average is $45.83.

First Trust Senior Loan ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.245 per share. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust Senior Loan ETF 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.