Oppenheimer & Co. Inc. Acquires 5,079 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Oppenheimer & Co. Inc. raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 13.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,590 shares of the company’s stock after acquiring an additional 5,079 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.09% of First Trust Senior Loan ETF worth $1,947,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Seaview Investment Managers LLC raised its holdings in First Trust Senior Loan ETF by 34.7% during the second quarter. Seaview Investment Managers LLC now owns 5,946 shares of the company’s stock valued at $272,000 after acquiring an additional 1,533 shares during the period. TAP Consulting LLC purchased a new position in shares of First Trust Senior Loan ETF during the second quarter valued at about $1,000,000. Gentry Private Wealth LLC purchased a new position in shares of First Trust Senior Loan ETF during the second quarter valued at about $795,000. Advisor OS LLC grew its position in shares of First Trust Senior Loan ETF by 20.2% during the second quarter. Advisor OS LLC now owns 6,473 shares of the company’s stock valued at $296,000 after purchasing an additional 1,087 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. purchased a new position in shares of First Trust Senior Loan ETF during the second quarter valued at about $46,000.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock opened at $46.14 on Tuesday. The business has a 50-day moving average price of $45.96 and a 200-day moving average price of $46.06. First Trust Senior Loan ETF has a twelve month low of $45.01 and a twelve month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 21st were given a dividend of $0.29 per share. The ex-dividend date was Wednesday, August 21st. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.54%.

About First Trust Senior Loan ETF

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.