TL Private Wealth Raises Holdings in First Trust Senior Loan ETF $FTSL

TL Private Wealth increased its stake in First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 7.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 579,910 shares of the company’s stock after buying an additional 41,544 shares during the quarter. First Trust Senior Loan ETF comprises about 9.5% of TL Private Wealth’s holdings, making the stock its 4th biggest position. TL Private Wealth’s holdings in First Trust Senior Loan ETF were worth $25,974,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FTSL. Triumph Capital Management acquired a new position in First Trust Senior Loan ETF during the 3rd quarter valued at about $26,000. Raleigh Capital Management Inc. acquired a new stake in shares of First Trust Senior Loan ETF in the 1st quarter worth approximately $30,000. Smartleaf Asset Management LLC acquired a new stake in shares of First Trust Senior Loan ETF in the 4th quarter worth approximately $30,000. Sound Income Strategies LLC boosted its holdings in shares of First Trust Senior Loan ETF by 140.3% in the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock valued at $46,000 after acquiring an additional 599 shares in the last quarter. Finally, TD Private Client Wealth LLC bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $48,000.

Get First Trust Senior Loan ETF alerts:

First Trust Senior Loan ETF Trading Up 0.1%

NASDAQ FTSL opened at $44.92 on Friday. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.15. The company’s 50 day simple moving average is $44.87 and its 200 day simple moving average is $45.03.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were paid a dividend of $0.225 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend was Tuesday, July 21st.

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.

Read More

• Five stocks we like better than First Trust Senior Loan ETF
• Datadog’s Drop Says More About Expectations Than Earnings
• D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
• Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
• Solventum Nears Inflection Point As It Begins to Unlock Value

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:FTSL – Free Report).

Receive News & Ratings for First Trust Senior Loan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Senior Loan ETF and related companies with MarketBeat.com's FREE daily email newsletter.