Private Advisor Group LLC Acquires 21,541 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Private Advisor Group LLC grew its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 33.8% during the fourth quarter, Holdings Channel reports. The firm owned 85,355 shares of the company’s stock after acquiring an additional 21,541 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Senior Loan ETF were worth $3,947,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC lifted its stake in First Trust Senior Loan ETF by 3,386.8% in the third 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. Ocean Park Asset Management LLC acquired a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at $13,715,000. Fairvoy Private Wealth LLC acquired a new position in shares of First Trust Senior Loan ETF during the 4th quarter valued at $11,889,000. JPMorgan Chase & Co. boosted 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 acquiring an additional 135,283 shares in the last quarter. Finally, Capital Investment Counsel LLC grew its holdings in First Trust Senior Loan ETF by 95.3% in the fourth quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock worth $12,680,000 after purchasing an additional 133,813 shares during the period.

First Trust Senior Loan ETF Trading Down 0.7 %

Shares of NASDAQ FTSL opened at $45.97 on Monday. The firm’s 50-day moving average price is $46.28 and its 200-day moving average price is $46.17. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be paid a dividend of $0.2625 per share. The ex-dividend date is Friday, February 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.