Pine Valley Investments Ltd Liability Co Grows Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Pine Valley Investments Ltd Liability Co boosted its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 64.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 137,175 shares of the company’s stock after buying an additional 53,803 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in First Trust Senior Loan ETF were worth $6,295,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Larson Financial Group LLC purchased a new stake in shares of First Trust Senior Loan ETF during the second quarter worth about $27,000. Farmers & Merchants Investments Inc. bought a new position in First Trust Senior Loan ETF in the 2nd quarter worth approximately $46,000. Trust Co. of Vermont purchased a new stake in First Trust Senior Loan ETF during the 3rd quarter valued at approximately $81,000. Peterson Financial Group Inc. bought a new stake in shares of First Trust Senior Loan ETF during the third quarter valued at approximately $98,000. Finally, NBC Securities Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 6.9% in the third quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after buying an additional 239 shares in the last quarter.

First Trust Senior Loan ETF Stock Up 0.0 %

FTSL opened at $46.45 on Thursday. The company has a fifty day moving average of $46.21 and a 200 day moving average of $46.06. First Trust Senior Loan ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were issued a $0.28 dividend. The ex-dividend date of this dividend was Thursday, November 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.