Gladstone Institutional Advisory LLC Grows Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Gladstone Institutional Advisory LLC boosted its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,742 shares of the company’s stock after buying an additional 3,274 shares during the period. Gladstone Institutional Advisory LLC’s holdings in First Trust Senior Loan ETF were worth $2,809,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of First Trust Senior Loan ETF by 3,386.8% during the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock valued at $15,593,000 after acquiring an additional 330,043 shares during the last quarter. Ocean Park Asset Management LLC acquired a new stake in First Trust Senior Loan ETF in the 4th quarter valued at approximately $13,715,000. Fairvoy Private Wealth LLC purchased a new stake in First Trust Senior Loan ETF in the fourth quarter valued at approximately $11,889,000. JPMorgan Chase & Co. lifted its stake in First Trust Senior Loan ETF by 238.2% during the third quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock worth $8,815,000 after purchasing an additional 135,283 shares in the last quarter. Finally, Capital Investment Counsel LLC boosted its position in shares of First Trust Senior Loan ETF by 95.3% during the fourth quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock worth $12,680,000 after buying an additional 133,813 shares during the period.

First Trust Senior Loan ETF Trading Down 0.0 %

FTSL stock opened at $46.21 on Thursday. The business’s fifty day moving average price is $46.30 and its 200 day moving average price is $46.15. First Trust Senior Loan ETF has a 12-month low of $45.23 and a 12-month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.2675 per share. The ex-dividend date of this dividend was Wednesday, January 22nd.

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.