25,070 Shares in First Trust Senior Loan ETF (NASDAQ:FTSL) Purchased by Hilton Capital Management LLC

Hilton Capital Management LLC purchased a new position in First Trust Senior Loan ETF (NASDAQ:FTSL) in the fourth quarter, Holdings Channel reports. The fund purchased 25,070 shares of the company’s stock, valued at approximately $1,159,000.

A number of other large investors also recently bought and sold shares of FTSL. Raymond James Financial Inc. acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $66,923,000. Ocean Park Asset Management LLC acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $13,715,000. Fairvoy Private Wealth LLC acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $11,889,000. JPMorgan Chase & Co. raised its holdings in shares of 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 valued at $8,815,000 after acquiring an additional 135,283 shares during the last quarter. Finally, Capital Investment Counsel LLC raised its holdings in shares of 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 valued at $12,680,000 after acquiring an additional 133,813 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $45.85 on Friday. The business has a 50 day simple moving average of $46.19 and a 200-day simple moving average of $46.17. 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 business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a $0.2625 dividend. The ex-dividend date of this dividend was Friday, February 21st.

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.