First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Bought by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 12.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 53,503 shares of the company’s stock after buying an additional 6,033 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in First Trust Senior Loan ETF were worth $2,474,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. NBC Securities Inc. raised its holdings in First Trust Senior Loan ETF by 6.9% in the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after purchasing an additional 239 shares during the period. Stephens Inc. AR raised its holdings in First Trust Senior Loan ETF by 6.5% in the 3rd quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock worth $226,000 after purchasing an additional 300 shares during the period. TFG Advisers LLC raised its holdings in First Trust Senior Loan ETF by 2.3% in the 3rd quarter. TFG Advisers LLC now owns 14,538 shares of the company’s stock worth $667,000 after purchasing an additional 327 shares during the period. Kingswood Wealth Advisors LLC raised its holdings in First Trust Senior Loan ETF by 4.1% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 8,409 shares of the company’s stock worth $389,000 after purchasing an additional 335 shares during the period. Finally, Merkkuri Wealth Advisors LLC raised its holdings in First Trust Senior Loan ETF by 6.6% in the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock worth $266,000 after purchasing an additional 357 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $46.21 on Friday. The business has a 50 day simple moving average of $46.31 and a two-hundred day simple moving average of $46.14. First Trust Senior Loan ETF has a 12 month low of $45.23 and a 12 month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.2675 per share. The ex-dividend date was Wednesday, January 22nd.

First Trust Senior Loan ETF Company 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.