Flaharty Asset Management LLC Has $34.93 Million Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Flaharty Asset Management LLC raised its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 755,299 shares of the company’s stock after purchasing an additional 10,700 shares during the period. First Trust Senior Loan ETF accounts for 5.1% of Flaharty Asset Management LLC’s holdings, making the stock its 5th biggest position. Flaharty Asset Management LLC’s holdings in First Trust Senior Loan ETF were worth $34,925,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FTSL. Kovitz Investment Group Partners LLC grew its holdings in First Trust Senior Loan ETF by 12.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 582,473 shares of the company’s stock valued at $26,730,000 after buying an additional 64,467 shares in the last quarter. TL Private Wealth grew its holdings in First Trust Senior Loan ETF by 1.6% during the 4th quarter. TL Private Wealth now owns 466,873 shares of the company’s stock valued at $21,668,000 after buying an additional 7,189 shares in the last quarter. Virtue Capital Management LLC grew its holdings in First Trust Senior Loan ETF by 11.1% during the 3rd quarter. Virtue Capital Management LLC now owns 433,590 shares of the company’s stock valued at $19,897,000 after buying an additional 43,432 shares in the last quarter. Cyndeo Wealth Partners LLC grew its holdings in First Trust Senior Loan ETF by 1.0% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 368,041 shares of the company’s stock valued at $17,018,000 after buying an additional 3,647 shares in the last quarter. Finally, Ocean Park Asset Management LLC purchased a new position in First Trust Senior Loan ETF during the 4th quarter valued at approximately $13,715,000.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL opened at $45.96 on Friday. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99. The business has a 50 day simple moving average of $46.26 and a two-hundred day simple moving average of $46.17.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.2625 per share. The ex-dividend date was Friday, February 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.