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

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

First Trust Senior Loan ETF Trading Down 0.6 %

FTSL stock traded down $0.26 during trading on Thursday, hitting $45.75. The company had a trading volume of 236,672 shares, compared to its average volume of 279,593. The company has a 50 day simple moving average of $46.11 and a 200-day simple moving average of $46.18. First Trust Senior Loan ETF has a 52-week low of $45.23 and a 52-week high of $46.55.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust Senior Loan ETF stock. Brighton Jones LLC grew its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 22.4% in the fourth 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 buying an additional 1,073 shares during the period. Brighton Jones LLC’s holdings in First Trust Senior Loan ETF were worth $271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.