First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Acquired by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV grew its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 7.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,194 shares of the company’s stock after purchasing an additional 493 shares during the period. Mainstay Capital Management LLC ADV’s holdings in First Trust Senior Loan ETF were worth $333,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. MassMutual Private Wealth & Trust FSB acquired a new position in First Trust Senior Loan ETF during the fourth quarter worth $32,000. DHJJ Financial Advisors Ltd. raised its position in First Trust Senior Loan ETF by 377.2% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock worth $36,000 after acquiring an additional 611 shares in the last quarter. Peterson Financial Group Inc. purchased a new position in First Trust Senior Loan ETF in the third quarter worth $98,000. Global Retirement Partners LLC raised its position in First Trust Senior Loan ETF by 27.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock worth $137,000 after acquiring an additional 635 shares in the last quarter. Finally, FLC Capital Advisors purchased a new position in First Trust Senior Loan ETF in the fourth quarter worth $210,000.

First Trust Senior Loan ETF Trading Down 0.7 %

NASDAQ:FTSL opened at $45.97 on Monday. The stock has a fifty day moving average price of $46.28 and a two-hundred day moving average price 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 disclosed a dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be paid a dividend of $0.2625 per share. The ex-dividend date of this dividend is Friday, February 21st.

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.