Boyce & Associates Wealth Consulting Inc. Purchases 1,052 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Boyce & Associates Wealth Consulting Inc. increased its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 6.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 17,474 shares of the company’s stock after purchasing an additional 1,052 shares during the period. First Trust Senior Loan ETF makes up 0.8% of Boyce & Associates Wealth Consulting Inc.’s holdings, making the stock its 24th biggest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in First Trust Senior Loan ETF were worth $802,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Coastwise Capital Group LLC grew its position in shares of First Trust Senior Loan ETF by 25.3% in the 4th quarter. Coastwise Capital Group LLC now owns 24,422 shares of the company’s stock worth $1,125,000 after buying an additional 4,924 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in First Trust Senior Loan ETF by 31.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 124,979 shares of the company’s stock valued at $5,713,000 after acquiring an additional 30,172 shares in the last quarter. &PARTNERS purchased a new position in First Trust Senior Loan ETF during the 1st quarter valued at $617,000. Creekmur Asset Management LLC bought a new position in First Trust Senior Loan ETF in the fourth quarter worth about $2,076,000. Finally, TL Private Wealth boosted its position in First Trust Senior Loan ETF by 4.8% during the 1st quarter. TL Private Wealth now owns 464,284 shares of the company’s stock valued at $21,482,000 after acquiring an additional 21,097 shares in the last quarter.

First Trust Senior Loan ETF Stock Performance

FTSL opened at $46.11 on Wednesday. First Trust Senior Loan ETF has a 52 week low of $45.01 and a 52 week high of $46.99. The business has a 50 day moving average of $45.97 and a 200-day moving average of $46.04.

First Trust Senior Loan ETF Announces Dividend

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

First Trust Senior Loan ETF 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.