Thryve Wealth Management LLC Makes New Investment in First Trust Senior Loan ETF $FTSL

Thryve Wealth Management LLC purchased a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 83,523 shares of the company’s stock, valued at approximately $3,832,000. First Trust Senior Loan ETF accounts for approximately 1.9% of Thryve Wealth Management LLC’s portfolio, making the stock its 14th biggest position.

Other large investors have also recently modified their holdings of the company. New England Private Wealth Advisors LLC grew its stake in shares of First Trust Senior Loan ETF by 2,022.3% in the fourth quarter. New England Private Wealth Advisors LLC now owns 1,774,626 shares of the company’s stock worth $81,455,000 after purchasing an additional 1,691,007 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in First Trust Senior Loan ETF by 4.0% during the 3rd quarter. Raymond James Financial Inc. now owns 1,563,161 shares of the company’s stock worth $71,655,000 after buying an additional 60,649 shares during the period. Royal Bank of Canada increased its stake in shares of First Trust Senior Loan ETF by 1.6% in the fourth quarter. Royal Bank of Canada now owns 1,550,685 shares of the company’s stock valued at $71,145,000 after buying an additional 25,058 shares during the period. One Capital Management LLC raised its position in shares of First Trust Senior Loan ETF by 11.3% during the fourth quarter. One Capital Management LLC now owns 1,263,061 shares of the company’s stock worth $57,949,000 after acquiring an additional 128,141 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Senior Loan ETF by 7,657.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 898,262 shares of the company’s stock worth $44,125,000 after acquiring an additional 886,682 shares during the period.

First Trust Senior Loan ETF Trading Up 0.1%

Shares of FTSL stock opened at $45.00 on Friday. The business’s 50 day simple moving average is $45.04 and its 200 day simple moving average is $45.30. First Trust Senior Loan ETF has a one year low of $44.37 and a one year high of $46.19.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a $0.235 dividend. The ex-dividend date was Thursday, May 21st. This represents a c) annualized dividend and a yield of 6.3%.

About First Trust Senior Loan ETF

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. FTSL was launched on May 1, 2013 and is managed by First Trust.