Trinity Legacy Partners LLC Acquires 1,631 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Trinity Legacy Partners LLC raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,548 shares of the company’s stock after purchasing an additional 1,631 shares during the quarter. Trinity Legacy Partners LLC’s holdings in First Trust Senior Loan ETF were worth $2,356,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clear Point Advisors Inc. boosted its holdings in shares of First Trust Senior Loan ETF by 3.2% during the second quarter. Clear Point Advisors Inc. now owns 36,865 shares of the company’s stock worth $1,685,000 after acquiring an additional 1,145 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in First Trust Senior Loan ETF by 154.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 15,362 shares of the company’s stock worth $702,000 after purchasing an additional 9,318 shares during the last quarter. Brighton Jones LLC boosted its stake in First Trust Senior Loan ETF by 18.0% in the 2nd quarter. Brighton Jones LLC now owns 5,900 shares of the company’s stock valued at $270,000 after purchasing an additional 901 shares during the period. Tower Wealth Partners Inc. grew its holdings in First Trust Senior Loan ETF by 17.1% in the 2nd quarter. Tower Wealth Partners Inc. now owns 231,566 shares of the company’s stock valued at $10,585,000 after buying an additional 33,841 shares in the last quarter. Finally, DHK Financial Advisors Inc. increased its position in First Trust Senior Loan ETF by 1.9% during the 2nd quarter. DHK Financial Advisors Inc. now owns 53,407 shares of the company’s stock worth $2,441,000 after buying an additional 1,005 shares during the period.

First Trust Senior Loan ETF Price Performance

FTSL opened at $46.23 on Wednesday. The stock has a fifty day moving average of $45.98 and a 200-day moving average of $46.06. First Trust Senior Loan ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 21st were issued a $0.29 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 7.53%. The ex-dividend date of this dividend was Wednesday, August 21st.

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.