SRS Capital Advisors Inc. Acquires 2,698 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Posted by Wayne Rhoads on Mar 4th, 2025

SRS Capital Advisors Inc. raised its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 53.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,748 shares of the company’s stock after acquiring an additional 2,698 shares during the period. SRS Capital Advisors Inc.’s holdings in First Trust Senior Loan ETF were worth $358,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Ocean Park Asset Management LLC bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth approximately $13,715,000. Fairvoy Private Wealth LLC bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth approximately $11,889,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust Senior Loan ETF by 238.2% in the third quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock worth $8,815,000 after purchasing an additional 135,283 shares during the last quarter. Capital Investment Counsel LLC grew its holdings in shares of First Trust Senior Loan ETF by 95.3% in the fourth quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock worth $12,680,000 after purchasing an additional 133,813 shares during the last quarter. Finally, Fairway Financial LLC bought a new position in shares of First Trust Senior Loan ETF in the fourth quarter worth approximately $5,274,000.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock opened at $45.96 on Tuesday. First Trust Senior Loan ETF has a 52-week low of $45.23 and a 52-week high of $46.99. The company’s 50 day moving average price is $46.25 and its 200-day moving average price is $46.18.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a $0.2625 dividend. The ex-dividend date of this dividend was Friday, February 21st.

First Trust Senior Loan ETF Company Profile

(Free Report)

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.