Stephens Inc. AR Increases Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Stephens Inc. AR grew its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 6.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,916 shares of the company’s stock after buying an additional 300 shares during the quarter. Stephens Inc. AR’s holdings in First Trust Senior Loan ETF were worth $226,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of FTSL. Larson Financial Group LLC purchased a new position in shares of First Trust Senior Loan ETF in the 2nd quarter valued at about $27,000. Farmers & Merchants Investments Inc. purchased a new position in shares of First Trust Senior Loan ETF in the 2nd quarter valued at about $46,000. Trust Co. of Vermont purchased a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at about $81,000. Consultiva Wealth Management CORP. purchased a new position in shares of First Trust Senior Loan ETF in the 1st quarter valued at about $100,000. Finally, Register Financial Advisors LLC purchased a new position in shares of First Trust Senior Loan ETF in the 2nd quarter valued at about $115,000.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of FTSL opened at $46.34 on Friday. The company has a 50-day simple moving average of $46.07 and a 200-day simple moving average of $46.03. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 7.51%.

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.