Richmond Investment Services LLC Purchases New Holdings in First Trust Senior Loan ETF $FTSL

Richmond Investment Services LLC acquired a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 8,572 shares of the company’s stock, valued at approximately $393,000.

Other hedge funds have also made changes to their positions in the company. PKS Advisory Services LLC lifted its position in shares of First Trust Senior Loan ETF by 7.2% in the second quarter. PKS Advisory Services LLC now owns 6,093 shares of the company’s stock valued at $280,000 after acquiring an additional 410 shares in the last quarter. Aspen Investment Management Inc raised its stake in First Trust Senior Loan ETF by 1.0% in the 2nd quarter. Aspen Investment Management Inc now owns 84,158 shares of the company’s stock valued at $3,862,000 after purchasing an additional 794 shares during the last quarter. Plotkin Financial Advisors LLC lifted its holdings in First Trust Senior Loan ETF by 43.9% in the 2nd quarter. Plotkin Financial Advisors LLC now owns 17,889 shares of the company’s stock valued at $821,000 after purchasing an additional 5,458 shares in the last quarter. Western Wealth Management LLC lifted its holdings in First Trust Senior Loan ETF by 11.0% in the 2nd quarter. Western Wealth Management LLC now owns 17,414 shares of the company’s stock valued at $799,000 after purchasing an additional 1,732 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in First Trust Senior Loan ETF by 12.1% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 96,406 shares of the company’s stock worth $4,424,000 after purchasing an additional 10,389 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.1%

First Trust Senior Loan ETF stock opened at $45.88 on Thursday. First Trust Senior Loan ETF has a 52-week low of $44.30 and a 52-week high of $46.55. The company has a fifty day simple moving average of $45.85 and a 200-day simple moving average of $45.92.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 21st will be paid a dividend of $0.24 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, 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.