First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Purchased by HBW Advisory Services LLC

HBW Advisory Services LLC boosted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.9% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 14,685 shares of the company’s stock after acquiring an additional 547 shares during the quarter. HBW Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $674,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Larson Financial Group LLC acquired a new stake in shares of First Trust Senior Loan ETF in the second quarter worth $27,000. Farmers & Merchants Investments Inc. purchased a new position in shares of First Trust Senior Loan ETF during the 2nd quarter valued at about $46,000. Consultiva Wealth Management CORP. acquired a new position in shares of First Trust Senior Loan ETF in the 1st quarter valued at about $100,000. Register Financial Advisors LLC purchased a new stake in shares of First Trust Senior Loan ETF in the second quarter worth about $115,000. Finally, Hyperion Partners LLC acquired a new stake in First Trust Senior Loan ETF during the second quarter worth about $221,000.

First Trust Senior Loan ETF Trading Up 0.2 %

NASDAQ:FTSL traded up $0.10 during trading hours on Friday, reaching $46.09. The company had a trading volume of 221,259 shares, compared to its average volume of 289,774. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99. The business’s 50 day moving average price is $45.96 and its 200-day moving average price is $46.04.

First Trust Senior Loan ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.29 dividend. This represents a $3.48 annualized dividend and a dividend yield of 7.55%. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Senior Loan ETF

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.