Philip James Wealth Mangement LLC Has $202,000 Position in First Trust Senior Loan ETF $FTSL

Philip James Wealth Mangement LLC decreased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 24.7% in the second quarter, Holdings Channel reports. The fund owned 4,394 shares of the company’s stock after selling 1,444 shares during the period. Philip James Wealth Mangement LLC’s holdings in First Trust Senior Loan ETF were worth $202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of FTSL. Brighton Jones LLC lifted its position in First Trust Senior Loan ETF by 22.4% during the 4th quarter. Brighton Jones LLC now owns 5,860 shares of the company’s stock worth $271,000 after acquiring an additional 1,073 shares during the last quarter. NBC Securities Inc. lifted its position in First Trust Senior Loan ETF by 125,100.0% during the 1st quarter. NBC Securities Inc. now owns 3,756 shares of the company’s stock worth $171,000 after acquiring an additional 3,753 shares during the last quarter. HBW Advisory Services LLC lifted its position in First Trust Senior Loan ETF by 8.1% during the 1st quarter. HBW Advisory Services LLC now owns 16,489 shares of the company’s stock worth $753,000 after acquiring an additional 1,237 shares during the last quarter. TrueWealth Advisors LLC lifted its position in First Trust Senior Loan ETF by 20.1% during the 1st quarter. TrueWealth Advisors LLC now owns 120,931 shares of the company’s stock worth $5,520,000 after acquiring an additional 20,223 shares during the last quarter. Finally, Iams Wealth Management LLC acquired a new position in First Trust Senior Loan ETF during the 1st quarter worth $209,000.

First Trust Senior Loan ETF Price Performance

First Trust Senior Loan ETF stock opened at $45.84 on Thursday. First Trust Senior Loan ETF has a fifty-two week low of $44.30 and a fifty-two week high of $46.55. The firm has a fifty day moving average price of $45.98 and a two-hundred day moving average price of $45.83.

First Trust Senior Loan ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.245 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) dividend on an annualized basis and a yield of 6.4%.

First Trust Senior Loan ETF Company 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.