Fermata Advisors LLC Makes New $239,000 Investment in First Trust Senior Loan ETF (NASDAQ:FTSL)

Fermata Advisors LLC purchased a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 5,167 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NBC Securities Inc. raised its holdings in shares of First Trust Senior Loan ETF by 6.9% in 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. Stephens Inc. AR grew its position in First Trust Senior Loan ETF by 6.5% in the 3rd quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock valued at $226,000 after acquiring an additional 300 shares in the last quarter. TFG Advisers LLC increased its stake in First Trust Senior Loan ETF by 2.3% during the third quarter. TFG Advisers LLC now owns 14,538 shares of the company’s stock worth $667,000 after purchasing an additional 327 shares during the period. Merkkuri Wealth Advisors LLC lifted its position in shares of First Trust Senior Loan ETF by 6.6% during the third quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock worth $266,000 after purchasing an additional 357 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of First Trust Senior Loan ETF by 4.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,030 shares of the company’s stock valued at $369,000 after purchasing an additional 362 shares during the period.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of FTSL opened at $46.45 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99. The firm’s 50 day moving average price is $46.33 and its 200 day moving average price is $46.12.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.275 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Senior Loan ETF Company 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.