Concurrent Investment Advisors LLC Boosts Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Concurrent Investment Advisors LLC raised its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 8.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 131,333 shares of the company’s stock after purchasing an additional 10,612 shares during the period. Concurrent Investment Advisors LLC owned 0.28% of First Trust Senior Loan ETF worth $6,027,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FTSL. Moloney Securities Asset Management LLC lifted its holdings in First Trust Senior Loan ETF by 5.7% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 47,470 shares of the company’s stock valued at $2,178,000 after purchasing an additional 2,539 shares in the last quarter. TrueWealth Advisors LLC raised its position in shares of First Trust Senior Loan ETF by 18.2% in the third quarter. TrueWealth Advisors LLC now owns 92,376 shares of the company’s stock valued at $4,239,000 after buying an additional 14,227 shares during the last quarter. Clear Creek Financial Management LLC lifted its stake in shares of First Trust Senior Loan ETF by 13.2% during the third quarter. Clear Creek Financial Management LLC now owns 130,905 shares of the company’s stock valued at $6,007,000 after buying an additional 15,261 shares during the period. Chicago Partners Investment Group LLC boosted its position in First Trust Senior Loan ETF by 6.0% during the third quarter. Chicago Partners Investment Group LLC now owns 151,855 shares of the company’s stock worth $6,970,000 after acquiring an additional 8,656 shares during the last quarter. Finally, Tower Wealth Partners Inc. boosted its position in First Trust Senior Loan ETF by 0.9% during the third quarter. Tower Wealth Partners Inc. now owns 233,603 shares of the company’s stock worth $10,720,000 after acquiring an additional 2,037 shares during the last quarter.

First Trust Senior Loan ETF Trading Up 0.2 %

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

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced 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 of this dividend was Tuesday, October 22nd. This represents a $3.48 annualized dividend and a 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.