Impact Partnership Wealth LLC Boosts Stock Position in First Trust Senior Loan ETF $FTSL

Impact Partnership Wealth LLC boosted its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 120.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,872 shares of the company’s stock after buying an additional 17,931 shares during the period. Impact Partnership Wealth LLC’s holdings in First Trust Senior Loan ETF were worth $1,507,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FTSL. Valmark Advisers Inc. increased its position in shares of First Trust Senior Loan ETF by 0.5% during the second quarter. Valmark Advisers Inc. now owns 40,221 shares of the company’s stock valued at $1,846,000 after acquiring an additional 218 shares during the last quarter. Columbia Advisory Partners LLC raised its holdings in First Trust Senior Loan ETF by 3.1% during the third quarter. Columbia Advisory Partners LLC now owns 8,242 shares of the company’s stock worth $378,000 after purchasing an additional 244 shares in the last quarter. Uptick Partners LLC lifted its position in shares of First Trust Senior Loan ETF by 2.8% during the 2nd quarter. Uptick Partners LLC now owns 9,903 shares of the company’s stock worth $454,000 after buying an additional 271 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of First Trust Senior Loan ETF by 2.7% in the 2nd quarter. Private Trust Co. NA now owns 10,548 shares of the company’s stock valued at $484,000 after buying an additional 278 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of First Trust Senior Loan ETF by 1.4% in the 2nd quarter. Bank of Montreal Can now owns 19,638 shares of the company’s stock valued at $901,000 after buying an additional 278 shares during the last quarter.

First Trust Senior Loan ETF Trading Down 0.2%

Shares of NASDAQ:FTSL opened at $45.57 on Friday. First Trust Senior Loan ETF has a 12 month low of $44.30 and a 12 month high of $46.30. The company’s fifty day moving average price is $45.90 and its 200 day moving average price is $45.92.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st will be issued a $0.24 dividend. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Wednesday, January 21st.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.