HBW Advisory Services LLC Boosts Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

HBW Advisory Services LLC increased its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,685 shares of the company’s stock after acquiring an additional 547 shares during the period. HBW Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $674,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its holdings in shares of First Trust Senior Loan ETF by 5.0% during the 3rd quarter. Park Avenue Securities LLC now owns 41,659 shares of the company’s stock valued at $1,912,000 after acquiring an additional 1,982 shares during the last quarter. Centaurus Financial Inc. boosted its holdings in First Trust Senior Loan ETF by 42.4% in the second quarter. Centaurus Financial Inc. now owns 6,831 shares of the company’s stock worth $312,000 after purchasing an additional 2,035 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of First Trust Senior Loan ETF during the 2nd quarter valued at $4,255,000. Cetera Investment Advisers boosted its stake in shares of First Trust Senior Loan ETF by 1.6% in the 2nd quarter. Cetera Investment Advisers now owns 328,354 shares of the company’s stock worth $15,009,000 after buying an additional 5,312 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in shares of First Trust Senior Loan ETF by 1.9% in the second quarter. Truist Financial Corp now owns 277,012 shares of the company’s stock worth $12,662,000 after acquiring an additional 5,277 shares during the period.

First Trust Senior Loan ETF Stock Up 0.2 %

First Trust Senior Loan ETF stock traded up $0.10 during mid-day trading on Friday, reaching $46.09. 221,259 shares of the stock traded hands, compared to its average volume of 289,774. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99. The business’s 50-day moving average is $45.96 and its 200-day moving average is $46.04.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.29 dividend. The ex-dividend date was Thursday, September 26th. This represents a $3.48 annualized dividend and a dividend yield of 7.55%.

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.