Concourse Financial Group Securities Inc. Boosts Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Concourse Financial Group Securities Inc. raised its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,931 shares of the company’s stock after purchasing an additional 445 shares during the quarter. Concourse Financial Group Securities Inc. owned 0.08% of First Trust Senior Loan ETF worth $1,655,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in First Trust Senior Loan ETF by 3.2% during the third quarter. LPL Financial LLC now owns 1,632,286 shares of the company’s stock worth $74,661,000 after acquiring an additional 50,250 shares during the period. UBS Group AG grew its stake in shares of First Trust Senior Loan ETF by 1.8% during the 3rd quarter. UBS Group AG now owns 1,344,938 shares of the company’s stock worth $61,517,000 after purchasing an additional 24,208 shares during the period. Wagner Wealth Management LLC increased its holdings in shares of First Trust Senior Loan ETF by 15.5% in the 4th quarter. Wagner Wealth Management LLC now owns 1,103,873 shares of the company’s stock valued at $50,855,000 after purchasing an additional 148,231 shares in the last quarter. One Capital Management LLC lifted its stake in shares of First Trust Senior Loan ETF by 26.4% in the third quarter. One Capital Management LLC now owns 981,470 shares of the company’s stock valued at $44,892,000 after purchasing an additional 205,280 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in First Trust Senior Loan ETF by 27.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 921,265 shares of the company’s stock worth $42,443,000 after buying an additional 199,059 shares in the last quarter.

First Trust Senior Loan ETF Trading Up 0.0 %

FTSL traded up $0.02 on Thursday, hitting $46.26. 306,318 shares of the company were exchanged, compared to its average volume of 313,977. First Trust Senior Loan ETF has a fifty-two week low of $44.53 and a fifty-two week high of $46.99. The business’s fifty day moving average is $46.19 and its 200 day moving average is $46.02.

First Trust Senior Loan ETF Cuts Dividend

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

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.