First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Acquired by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. boosted its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.3% during the 4th quarter, Holdings Channel reports. The fund owned 35,931 shares of the company’s stock after acquiring an additional 445 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in First Trust Senior Loan ETF were worth $1,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. BKA Wealth Consulting Inc. boosted its holdings in shares of First Trust Senior Loan ETF by 3.6% in the fourth quarter. BKA Wealth Consulting Inc. now owns 6,596 shares of the company’s stock valued at $304,000 after acquiring an additional 229 shares in the last quarter. Strategic Blueprint LLC increased its position in shares of First Trust Senior Loan ETF by 1.9% during the 4th quarter. Strategic Blueprint LLC now owns 12,983 shares of the company’s stock valued at $598,000 after purchasing an additional 239 shares during the period. Cozad Asset Management Inc. raised its stake in shares of First Trust Senior Loan ETF by 2.0% in the 4th quarter. Cozad Asset Management Inc. now owns 12,340 shares of the company’s stock worth $569,000 after buying an additional 246 shares in the last quarter. First Heartland Consultants Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 0.6% in the third quarter. First Heartland Consultants Inc. now owns 55,980 shares of the company’s stock valued at $2,561,000 after buying an additional 342 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in First Trust Senior Loan ETF by 1.6% during the third quarter. D.A. Davidson & CO. now owns 24,005 shares of the company’s stock valued at $1,098,000 after buying an additional 387 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL traded up $0.02 during mid-day trading on Thursday, reaching $46.26. 306,318 shares of the stock were exchanged, compared to its average volume of 313,977. First Trust Senior Loan ETF has a 1-year low of $44.53 and a 1-year high of $46.99. The business has a fifty day moving average price of $46.19 and a 200 day moving average price of $46.02.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were paid a $0.295 dividend. The ex-dividend date was Tuesday, April 23rd. This represents a $3.54 annualized dividend and a dividend yield of 7.65%.

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.