Concorde Asset Management LLC bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor bought 73,167 shares of the company’s stock, valued at approximately $3,278,000. First Trust Senior Loan ETF accounts for 1.6% of Concorde Asset Management LLC’s portfolio, making the stock its 16th biggest holding.
A number of other institutional investors also recently bought and sold shares of FTSL. Triumph Capital Management acquired a new stake in First Trust Senior Loan ETF during the 3rd quarter valued at approximately $26,000. Smartleaf Asset Management LLC purchased a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at $30,000. Raleigh Capital Management Inc. acquired a new stake in shares of First Trust Senior Loan ETF in the first quarter worth $30,000. Sound Income Strategies LLC increased its stake in shares of First Trust Senior Loan ETF by 140.3% in the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock worth $46,000 after acquiring an additional 599 shares during the period. Finally, TD Private Client Wealth LLC purchased a new position in shares of First Trust Senior Loan ETF during the fourth quarter worth $48,000.
First Trust Senior Loan ETF Price Performance
Shares of First Trust Senior Loan ETF stock opened at $44.83 on Friday. The firm has a fifty day moving average price of $44.88 and a 200 day moving average price of $45.07. First Trust Senior Loan ETF has a 1 year low of $44.37 and a 1 year high of $46.15.
First Trust Senior Loan ETF Dividend Announcement
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. FTSL was launched on May 1, 2013 and is managed by First Trust.
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