Yanni & Associates Investment Advisors LLC Invests $1.56 Million in First Trust Senior Loan ETF $FTSL

Yanni & Associates Investment Advisors LLC purchased a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSLFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 34,058 shares of the company’s stock, valued at approximately $1,563,000. First Trust Senior Loan ETF accounts for 1.6% of Yanni & Associates Investment Advisors LLC’s portfolio, making the stock its 16th biggest position.

A number of other hedge funds also recently modified their holdings of FTSL. Brighton Jones LLC raised its position in shares of First Trust Senior Loan ETF by 22.4% during the fourth quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock worth $271,000 after purchasing an additional 1,073 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of First Trust Senior Loan ETF during the first quarter worth about $5,254,000. Qube Research & Technologies Ltd raised its position in shares of First Trust Senior Loan ETF by 111.5% during the second quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after purchasing an additional 1,714 shares during the period. Betterment LLC raised its position in shares of First Trust Senior Loan ETF by 9.0% during the second quarter. Betterment LLC now owns 8,957 shares of the company’s stock worth $411,000 after purchasing an additional 741 shares during the period. Finally, Ausdal Financial Partners Inc. raised its position in shares of First Trust Senior Loan ETF by 316.0% during the second quarter. Ausdal Financial Partners Inc. now owns 23,860 shares of the company’s stock worth $1,095,000 after purchasing an additional 18,125 shares during the period.

First Trust Senior Loan ETF Stock Down 0.0%

NASDAQ FTSL opened at $45.13 on Tuesday. The stock’s 50-day moving average is $45.00 and its 200-day moving average is $45.45. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were paid a $0.235 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) annualized dividend and a yield of 6.2%.

About First Trust Senior Loan ETF

(Free Report)

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. FTSL was launched on May 1, 2013 and is managed by First Trust.

See Also

Want to see what other hedge funds are holding FTSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Senior Loan ETF (NASDAQ:FTSLFree Report).

Institutional Ownership by Quarter for First Trust Senior Loan ETF (NASDAQ:FTSL)

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