Cetera Investment Advisers Grows Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Cetera Investment Advisers increased its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 328,354 shares of the company’s stock after buying an additional 5,312 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Senior Loan ETF were worth $15,009,000 as of its most recent filing with the Securities & Exchange Commission.

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

First Trust Senior Loan ETF Price Performance

FTSL stock opened at $46.09 on Friday. The firm has a 50-day moving average of $45.96 and a 200 day moving average of $46.04. First Trust Senior Loan ETF has a 1 year low of $45.01 and a 1 year high of $46.99.

First Trust Senior Loan ETF Announces Dividend

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

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.