First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 131,333 shares of the company’s stock after purchasing an additional 10,612 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $6,027,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets grew its holdings in First Trust Senior Loan ETF by 1,677.5% during the 1st quarter. BNP Paribas Financial Markets now owns 19,748 shares of the company’s stock valued at $913,000 after purchasing an additional 18,637 shares in the last quarter. TFG Advisers LLC increased its position in shares of First Trust Senior Loan ETF by 46.9% during the first quarter. TFG Advisers LLC now owns 12,370 shares of the company’s stock worth $572,000 after acquiring an additional 3,951 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of First Trust Senior Loan ETF by 350.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 45,294 shares of the company’s stock worth $2,093,000 after acquiring an additional 35,230 shares in the last quarter. Significant Wealth Partners LLC boosted its holdings in First Trust Senior Loan ETF by 81.8% in the first quarter. Significant Wealth Partners LLC now owns 16,060 shares of the company’s stock valued at $742,000 after purchasing an additional 7,228 shares during the last quarter. Finally, Endowment Wealth Management Inc. grew its stake in First Trust Senior Loan ETF by 4.4% during the 1st quarter. Endowment Wealth Management Inc. now owns 34,229 shares of the company’s stock valued at $1,582,000 after purchasing an additional 1,443 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

FTSL stock traded up $0.07 during midday trading on Wednesday, hitting $46.13. 72,850 shares of the company’s stock were exchanged, compared to its average volume of 285,398. The firm has a 50 day moving average price of $46.05 and a 200-day moving average price of $46.03. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a $0.29 dividend. The ex-dividend date was Tuesday, October 22nd. 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.