Petix & Botte Co Boosts Stock Holdings in First Trust Senior Loan ETF $FTSL

Petix & Botte Co grew its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 17.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 124,115 shares of the company’s stock after purchasing an additional 18,574 shares during the quarter. First Trust Senior Loan ETF makes up 1.3% of Petix & Botte Co’s portfolio, making the stock its 26th biggest position. Petix & Botte Co owned 0.24% of First Trust Senior Loan ETF worth $5,694,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of FTSL. Raymond James Financial Inc. increased its holdings in First Trust Senior Loan ETF by 4.0% during the third quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock valued at $71,655,000 after buying an additional 60,649 shares during the period. UBS Group AG lifted its holdings in First Trust Senior Loan ETF by 4.1% during the fourth quarter. UBS Group AG now owns 815,183 shares of the company’s stock worth $37,401,000 after buying an additional 31,935 shares during the period. Flaharty Asset Management LLC boosted its position in First Trust Senior Loan ETF by 4.7% during the 3rd quarter. Flaharty Asset Management LLC now owns 758,344 shares of the company’s stock valued at $34,762,000 after acquiring an additional 34,377 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in First Trust Senior Loan ETF by 9.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 620,563 shares of the company’s stock valued at $28,447,000 after acquiring an additional 53,338 shares in the last quarter. Finally, Virtue Capital Management LLC increased its holdings in shares of First Trust Senior Loan ETF by 7.2% in the 3rd quarter. Virtue Capital Management LLC now owns 593,133 shares of the company’s stock valued at $27,189,000 after acquiring an additional 40,062 shares during the period.

First Trust Senior Loan ETF Price Performance

FTSL opened at $45.20 on Friday. First Trust Senior Loan ETF has a 12 month low of $44.37 and a 12 month high of $46.19. The stock has a fifty day moving average price of $44.99 and a 200-day moving average price of $45.46.

First Trust Senior Loan ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a $0.235 dividend. The ex-dividend date was Tuesday, April 21st. This represents a c) dividend on an annualized basis and a yield of 6.2%.

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.