Key Client Fiduciary Advisors LLC Boosts Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Key Client Fiduciary Advisors LLC increased its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,142 shares of the company’s stock after acquiring an additional 553 shares during the period. First Trust Senior Loan ETF comprises approximately 0.9% of Key Client Fiduciary Advisors LLC’s holdings, making the stock its 23rd largest position. Key Client Fiduciary Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $1,934,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in FTSL. RFG Advisory LLC raised its position in First Trust Senior Loan ETF by 0.4% in the 3rd quarter. RFG Advisory LLC now owns 178,647 shares of the company’s stock worth $8,198,000 after buying an additional 750 shares during the last quarter. Trust Co. of Vermont bought a new stake in shares of First Trust Senior Loan ETF in the third quarter worth approximately $81,000. PCG Wealth Advisors LLC raised its holdings in shares of First Trust Senior Loan ETF by 5.0% during the third quarter. PCG Wealth Advisors LLC now owns 39,544 shares of the company’s stock valued at $1,815,000 after purchasing an additional 1,891 shares during the last quarter. NBC Securities Inc. lifted its position in First Trust Senior Loan ETF by 6.9% during the third quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock valued at $168,000 after purchasing an additional 239 shares during the period. Finally, Wagner Wealth Management LLC boosted its holdings in First Trust Senior Loan ETF by 6.0% in the third quarter. Wagner Wealth Management LLC now owns 57,576 shares of the company’s stock worth $2,642,000 after purchasing an additional 3,259 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

FTSL traded up $0.03 during mid-day trading on Friday, reaching $46.21. 161,966 shares of the company traded hands, compared to its average volume of 290,823. The company’s fifty day moving average price is $46.03 and its 200-day moving average price is $46.04. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.29 per share. This represents a $3.48 dividend on an annualized basis and a yield of 7.53%. The ex-dividend date of this dividend was Thursday, September 26th.

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.