Capital Investment Counsel LLC Buys 37,404 Shares of First Trust Senior Loan ETF $FTSL

Capital Investment Counsel LLC increased its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 9.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 448,171 shares of the company’s stock after acquiring an additional 37,404 shares during the quarter. First Trust Senior Loan ETF makes up 2.9% of Capital Investment Counsel LLC’s holdings, making the stock its 2nd largest holding. Capital Investment Counsel LLC owned about 0.87% of First Trust Senior Loan ETF worth $20,562,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of FTSL. Triumph Capital Management acquired a new position in First Trust Senior Loan ETF during the third quarter valued at $26,000. Pinnacle Bancorp Inc. lifted its stake in First Trust Senior Loan ETF by 233.3% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock worth $50,000 after acquiring an additional 763 shares in the last quarter. Montag A & Associates Inc. purchased a new stake in First Trust Senior Loan ETF in the 3rd quarter worth about $95,000. National Bank of Canada FI purchased a new stake in First Trust Senior Loan ETF in the 3rd quarter worth about $128,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in First Trust Senior Loan ETF in the 3rd quarter worth about $137,000.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $45.12 on Friday. The stock has a 50-day moving average price of $44.92 and a 200 day moving average price of $45.49. First Trust Senior Loan ETF has a 1 year low of $44.37 and a 1 year high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were paid a $0.235 dividend. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, April 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.