Sachetta LLC Acquires 575 Shares of First Trust Senior Loan ETF $FTSL

Sachetta LLC lifted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 293.4% during the second quarter, HoldingsChannel.com reports. The fund owned 771 shares of the company’s stock after purchasing an additional 575 shares during the period. Sachetta LLC’s holdings in First Trust Senior Loan ETF were worth $35,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Senior Loan ETF in the 2nd quarter valued at approximately $45,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in First Trust Senior Loan ETF by 459.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock worth $71,000 after buying an additional 1,274 shares during the period. First Pacific Financial acquired a new stake in First Trust Senior Loan ETF during the 1st quarter worth approximately $83,000. Sunbelt Securities Inc. raised its holdings in First Trust Senior Loan ETF by 25.0% during the 1st quarter. Sunbelt Securities Inc. now owns 2,325 shares of the company’s stock worth $106,000 after buying an additional 465 shares during the period. Finally, Financial Network Wealth Advisors LLC acquired a new stake in First Trust Senior Loan ETF during the 1st quarter worth approximately $138,000.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock opened at $45.84 on Wednesday. The company’s 50 day moving average price is $45.97 and its two-hundred day moving average price is $45.83. First Trust Senior Loan ETF has a 52 week low of $44.30 and a 52 week high of $46.55.

First Trust Senior Loan ETF Dividend Announcement

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

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.