First Trust Senior Loan ETF Plans Monthly Dividend of $0.26 (NASDAQ:FTSL)

First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be given a dividend of 0.26 per share on Monday, March 31st. This represents a $3.12 dividend on an annualized basis and a dividend yield of 6.82%. The ex-dividend date is Thursday, March 27th.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $45.75 on Friday. First Trust Senior Loan ETF has a twelve month low of $45.23 and a twelve month high of $46.55. The business has a 50 day moving average price of $46.11 and a two-hundred day moving average price of $46.18.

Institutional Trading of First Trust Senior Loan ETF

A hedge fund recently raised its stake in First Trust Senior Loan ETF stock. Brighton Jones LLC lifted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 22.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,860 shares of the company’s stock after purchasing an additional 1,073 shares during the period. Brighton Jones LLC’s holdings in First Trust Senior Loan ETF were worth $271,000 at the end of the most recent quarter.

About First Trust Senior Loan ETF

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.