Gladstone Institutional Advisory LLC Increases Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Gladstone Institutional Advisory LLC grew its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,468 shares of the company’s stock after purchasing an additional 2,237 shares during the period. Gladstone Institutional Advisory LLC owned about 0.12% of First Trust Senior Loan ETF worth $2,637,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. One Capital Management LLC raised its holdings in shares of First Trust Senior Loan ETF by 4.7% in the second quarter. One Capital Management LLC now owns 1,362,059 shares of the company’s stock valued at $62,260,000 after purchasing an additional 60,909 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in First Trust Senior Loan ETF by 22.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 919,922 shares of the company’s stock worth $42,050,000 after buying an additional 166,180 shares during the last quarter. Flaharty Asset Management LLC increased its holdings in First Trust Senior Loan ETF by 1.8% during the second quarter. Flaharty Asset Management LLC now owns 741,326 shares of the company’s stock worth $33,886,000 after buying an additional 12,795 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in First Trust Senior Loan ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 728,333 shares of the company’s stock worth $33,292,000 after buying an additional 73,314 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in First Trust Senior Loan ETF by 0.7% during the first quarter. Osaic Holdings Inc. now owns 714,363 shares of the company’s stock worth $33,012,000 after buying an additional 4,634 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL opened at $45.98 on Friday. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99. The company has a 50-day simple moving average of $46.04 and a 200 day simple moving average of $46.03.

First Trust Senior Loan ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were issued a dividend of $0.29 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a yield of 7.57%.

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.