Endowment Wealth Management Inc. Acquires 6,180 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Endowment Wealth Management Inc. grew its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 20.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,005 shares of the company’s stock after acquiring an additional 6,180 shares during the period. First Trust Senior Loan ETF accounts for approximately 1.1% of Endowment Wealth Management Inc.’s holdings, making the stock its 24th largest position. Endowment Wealth Management Inc. owned about 0.07% of First Trust Senior Loan ETF worth $1,665,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FTSL. Nations Financial Group Inc. IA ADV grew its position in First Trust Senior Loan ETF by 6.7% in the third quarter. Nations Financial Group Inc. IA ADV now owns 88,379 shares of the company’s stock worth $4,056,000 after acquiring an additional 5,572 shares in the last quarter. Northwest Wealth Management LLC boosted its holdings in shares of First Trust Senior Loan ETF by 4.5% during the 3rd quarter. Northwest Wealth Management LLC now owns 14,975 shares of the company’s stock worth $687,000 after buying an additional 642 shares during the period. Proactive Wealth Strategies LLC bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth $302,000. Peterson Financial Group Inc. bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth $98,000. Finally, OneAscent Wealth Management LLC bought a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth $380,000.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $45.95 on Tuesday. The company has a fifty day simple moving average of $46.22 and a 200 day simple moving average of $46.18. First Trust Senior Loan ETF has a 1 year low of $45.23 and a 1 year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.2625 per share. The ex-dividend date was Friday, February 21st.

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.