PFG Investments LLC Acquires New Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

PFG Investments LLC acquired a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) during the third quarter, according to its most recent filing with the SEC. The firm acquired 5,004 shares of the company’s stock, valued at approximately $230,000.

A number of other large investors also recently bought and sold shares of the company. Arkadios Wealth Advisors purchased a new stake in shares of First Trust Senior Loan ETF in the third quarter valued at about $282,000. Merkkuri Wealth Advisors LLC lifted its position in First Trust Senior Loan ETF by 6.6% in the third quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock valued at $266,000 after purchasing an additional 357 shares during the period. RiverTree Advisors LLC boosted its holdings in First Trust Senior Loan ETF by 2.1% in the 3rd quarter. RiverTree Advisors LLC now owns 128,412 shares of the company’s stock valued at $5,893,000 after purchasing an additional 2,698 shares in the last quarter. Global Assets Advisory LLC acquired a new position in First Trust Senior Loan ETF during the 3rd quarter worth approximately $468,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of First Trust Senior Loan ETF by 3,386.8% in the 3rd quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock valued at $15,593,000 after buying an additional 330,043 shares during the period.

First Trust Senior Loan ETF Stock Up 0.0 %

Shares of FTSL stock opened at $46.01 on Thursday. The business’s fifty day moving average price is $46.03 and its 200 day moving average price is $46.03. 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 business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd will be paid a dividend of $0.29 per share. The ex-dividend date is Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.56%.

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.