20,259 Shares of First Trust Senior Loan ETF $FTSL Bought by United Advisor Group LLC

United Advisor Group LLC bought a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) during the third quarter, HoldingsChannel.com reports. The fund bought 20,259 shares of the company’s stock, valued at approximately $903,000.

A number of other institutional investors and hedge funds also recently modified their holdings of FTSL. Kestra Advisory Services LLC lifted its stake in First Trust Senior Loan ETF by 18.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 118,788 shares of the company’s stock valued at $5,294,000 after purchasing an additional 18,702 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in First Trust Senior Loan ETF during the third quarter worth approximately $9,084,000. Chicago Partners Investment Group LLC increased its position in First Trust Senior Loan ETF by 5.0% during the third quarter. Chicago Partners Investment Group LLC now owns 147,926 shares of the company’s stock worth $6,553,000 after buying an additional 7,035 shares during the last quarter. Basso Capital Management L.P. acquired a new position in First Trust Senior Loan ETF during the third quarter worth approximately $2,988,000. Finally, Compass Financial Management LLC increased its position in First Trust Senior Loan ETF by 1.8% during the third quarter. Compass Financial Management LLC now owns 27,583 shares of the company’s stock worth $1,229,000 after buying an additional 497 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

NASDAQ:FTSL opened at $44.50 on Friday. The stock’s 50 day moving average price is $44.69 and its two-hundred day moving average price is $44.92. First Trust Senior Loan ETF has a 12-month low of $44.25 and a 12-month high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were paid a dividend of $0.2250 per share. This represents a $2.70 annualized dividend and a dividend yield of 6.1%. The ex-dividend date was Wednesday, October 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.