PKS Advisory Services LLC Invests $232,000 in First Trust Senior Loan ETF (NASDAQ:FTSL)

PKS Advisory Services LLC purchased a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,024 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new stake in shares of First Trust Senior Loan ETF in the 4th quarter worth about $25,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter valued at approximately $32,000. DHJJ Financial Advisors Ltd. boosted its position in shares of First Trust Senior Loan ETF by 377.2% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock valued at $36,000 after buying an additional 611 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in First Trust Senior Loan ETF during the fourth quarter worth $36,000. Finally, Global Retirement Partners LLC raised its position in First Trust Senior Loan ETF by 27.4% in the 4th quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock valued at $137,000 after buying an additional 635 shares during the last quarter.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of FTSL stock opened at $46.06 on Wednesday. The firm has a 50-day moving average of $46.13 and a 200-day moving average of $46.18. 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 company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.2625 per share. The ex-dividend date of this dividend was Friday, February 21st.

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.