Jane Street Group LLC Grows Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Jane Street Group LLC raised its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 24.8% during the 3rd quarter, Holdings Channel reports. The fund owned 126,138 shares of the company’s stock after purchasing an additional 25,052 shares during the period. Jane Street Group LLC’s holdings in First Trust Senior Loan ETF were worth $5,788,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Larson Financial Group LLC bought a new stake in shares of First Trust Senior Loan ETF in the 2nd quarter worth about $27,000. Farmers & Merchants Investments Inc. bought a new stake in First Trust Senior Loan ETF during the second quarter worth approximately $46,000. Trust Co. of Vermont purchased a new position in shares of First Trust Senior Loan ETF in the 3rd quarter worth approximately $81,000. Peterson Financial Group Inc. bought a new position in shares of First Trust Senior Loan ETF during the 3rd quarter valued at approximately $98,000. Finally, NBC Securities Inc. raised its holdings in First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock valued at $168,000 after buying an additional 239 shares during the period.

First Trust Senior Loan ETF Stock Down 0.6 %

NASDAQ FTSL opened at $46.22 on Monday. First Trust Senior Loan ETF has a 52 week low of $45.23 and a 52 week high of $46.99. The company has a fifty day moving average of $46.22 and a two-hundred day moving average of $46.07.

First Trust Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.275 per share. The ex-dividend date is Friday, December 13th.

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.