Stephens Inc. AR Grows Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Stephens Inc. AR increased its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 14.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,646 shares of the company’s stock after buying an additional 730 shares during the period. Stephens Inc. AR’s holdings in First Trust Senior Loan ETF were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in FTSL. International Assets Investment Management LLC lifted its holdings in First Trust Senior Loan ETF by 3,386.8% during the 3rd quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after buying an additional 330,043 shares during the last quarter. Fairvoy Private Wealth LLC acquired a new stake in shares of First Trust Senior Loan ETF during the 4th 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 during the last quarter. Capital Investment Counsel LLC lifted its stake in 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 purchasing an additional 133,813 shares during the last quarter. Finally, Asset Allocation & Management Company LLC boosted its holdings in First Trust Senior Loan ETF by 561.4% in the third quarter. Asset Allocation & Management Company LLC now owns 112,440 shares of the company’s stock worth $5,160,000 after purchasing an additional 95,440 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL opened at $46.27 on Monday. The company’s fifty day moving average is $46.30 and its two-hundred day moving average is $46.16. 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 firm also recently disclosed a dividend, which was paid on Friday, January 31st. Investors 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.