Janney Montgomery Scott LLC Grows Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Janney Montgomery Scott LLC raised its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 100,798 shares of the company’s stock after purchasing an additional 511 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Trust Senior Loan ETF were worth $4,661,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Kovitz Investment Group Partners LLC boosted its holdings in shares of First Trust Senior Loan ETF by 12.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 582,473 shares of the company’s stock worth $26,730,000 after purchasing an additional 64,467 shares during the period. TL Private Wealth boosted its holdings in shares of First Trust Senior Loan ETF by 1.6% in the 4th quarter. TL Private Wealth now owns 466,873 shares of the company’s stock worth $21,668,000 after purchasing an additional 7,189 shares during the period. Virtue Capital Management LLC boosted its holdings in shares of First Trust Senior Loan ETF by 11.1% in the 3rd quarter. Virtue Capital Management LLC now owns 433,590 shares of the company’s stock worth $19,897,000 after purchasing an additional 43,432 shares during the period. Cyndeo Wealth Partners LLC boosted its holdings in shares of First Trust Senior Loan ETF by 4.3% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 364,394 shares of the company’s stock worth $16,722,000 after purchasing an additional 15,007 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in shares of First Trust Senior Loan ETF by 3,386.8% in the 3rd quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after purchasing an additional 330,043 shares during the period.

First Trust Senior Loan ETF Trading Up 0.0 %

Shares of First Trust Senior Loan ETF stock opened at $46.27 on Thursday. The stock has a 50 day moving average price of $46.32 and a 200-day moving average price of $46.14. First Trust Senior Loan ETF has a one year low of $45.23 and a one year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.2675 per share. The ex-dividend date is Wednesday, January 22nd.

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.