Balboa Wealth Partners Acquires Shares of 6,865 First Trust Senior Loan ETF $FTSL

Balboa Wealth Partners acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,865 shares of the company’s stock, valued at approximately $315,000.

A number of other hedge funds have also recently bought and sold shares of the business. LPL Financial LLC grew its stake in First Trust Senior Loan ETF by 3.0% during the 1st quarter. LPL Financial LLC now owns 1,976,404 shares of the company’s stock valued at $90,223,000 after purchasing an additional 57,023 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of First Trust Senior Loan ETF by 6.4% in the 1st quarter. Raymond James Financial Inc. now owns 1,539,336 shares of the company’s stock worth $70,271,000 after acquiring an additional 92,034 shares in the last quarter. Welch & Forbes LLC grew its position in shares of First Trust Senior Loan ETF by 4.3% in the 1st quarter. Welch & Forbes LLC now owns 660,334 shares of the company’s stock worth $30,144,000 after acquiring an additional 27,063 shares in the last quarter. Kovitz Investment Group Partners LLC grew its position in shares of First Trust Senior Loan ETF by 9.8% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 641,010 shares of the company’s stock worth $29,262,000 after acquiring an additional 57,021 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust Senior Loan ETF by 14.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 434,860 shares of the company’s stock worth $19,851,000 after acquiring an additional 55,739 shares in the last quarter.

First Trust Senior Loan ETF Trading Up 0.2%

Shares of FTSL opened at $45.87 on Tuesday. The stock has a 50 day moving average of $45.94 and a 200-day moving average of $45.84. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, October 21st will be given a $0.245 dividend. The ex-dividend date is Tuesday, October 21st. This represents a c) annualized dividend and a dividend yield of 6.4%.

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.