First Trust Senior Loan ETF (NASDAQ:FTSL) Stock Position Increased by One Capital Management LLC

One Capital Management LLC raised its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,362,059 shares of the company’s stock after purchasing an additional 60,909 shares during the period. First Trust Senior Loan ETF accounts for approximately 2.1% of One Capital Management LLC’s holdings, making the stock its 7th biggest position. One Capital Management LLC’s holdings in First Trust Senior Loan ETF were worth $62,260,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FTSL. Global Assets Advisory LLC increased its stake in First Trust Senior Loan ETF by 4,518.0% in the 1st quarter. Global Assets Advisory LLC now owns 476,116 shares of the company’s stock worth $22,001,000 after acquiring an additional 465,806 shares during the last quarter. Cetera Investment Advisers increased its position in First Trust Senior Loan ETF by 424.0% in the first quarter. Cetera Investment Advisers now owns 323,042 shares of the company’s stock worth $14,928,000 after purchasing an additional 261,397 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in First Trust Senior Loan ETF by 22.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 919,922 shares of the company’s stock valued at $42,050,000 after purchasing an additional 166,180 shares in the last quarter. Brookstone Capital Management lifted its position in First Trust Senior Loan ETF by 1,311.9% during the second quarter. Brookstone Capital Management now owns 165,350 shares of the company’s stock valued at $7,638,000 after purchasing an additional 153,639 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new position in shares of First Trust Senior Loan ETF in the 1st quarter worth $4,621,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $46.09 on Monday. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99. The firm’s 50-day moving average price is $45.96 and its 200-day moving average price is $46.06.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 21st were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $3.48 dividend on an annualized basis and a yield of 7.55%.

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.