Puff Wealth Management LLC Buys New Shares in First Trust Senior Loan ETF $FTSL

Puff Wealth Management LLC bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the 2nd quarter, Holdings Channel.com reports. The firm bought 18,515 shares of the company’s stock, valued at approximately $829,000.

A number of other hedge funds have also recently added to or reduced their stakes in FTSL. Triumph Capital Management purchased a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $26,000. Raleigh Capital Management Inc. purchased a new stake in First Trust Senior Loan ETF in the first quarter valued at approximately $30,000. Smartleaf Asset Management LLC purchased a new stake in First Trust Senior Loan ETF in the fourth quarter valued at approximately $30,000. Sound Income Strategies LLC increased its position in First Trust Senior Loan ETF by 140.3% during the first quarter. Sound Income Strategies LLC now owns 1,026 shares of the company’s stock worth $46,000 after purchasing an additional 599 shares during the last quarter. Finally, TD Private Client Wealth LLC acquired a new position in First Trust Senior Loan ETF during the fourth quarter worth approximately $48,000.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $44.92 on Friday. The business has a fifty day simple moving average of $44.87 and a 200-day simple moving average of $45.03. First Trust Senior Loan ETF has a 52 week low of $44.37 and a 52 week high of $46.15.

First Trust Senior Loan ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a dividend of $0.225 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend was Tuesday, July 21st.

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.