International Assets Investment Management LLC Acquires 330,043 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

International Assets Investment Management LLC lifted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 3,386.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 339,788 shares of the company’s stock after acquiring an additional 330,043 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Senior Loan ETF were worth $15,593,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Larson Financial Group LLC bought a new stake in shares of First Trust Senior Loan ETF in the second quarter worth about $27,000. Farmers & Merchants Investments Inc. bought a new stake in shares of First Trust Senior Loan ETF in the second quarter worth about $46,000. Trust Co. of Vermont bought a new stake in shares of First Trust Senior Loan ETF in the third quarter worth about $81,000. Consultiva Wealth Management CORP. bought a new stake in shares of First Trust Senior Loan ETF in the first quarter worth about $100,000. Finally, Register Financial Advisors LLC bought a new stake in shares of First Trust Senior Loan ETF in the second quarter worth about $115,000.

First Trust Senior Loan ETF Stock Down 0.0 %

Shares of FTSL stock opened at $45.99 on Wednesday. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99. The stock’s 50-day moving average price is $46.04 and its 200-day moving average price is $46.03.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $3.48 annualized dividend and a yield of 7.57%.

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.