LPL Financial LLC Buys 369,005 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

LPL Financial LLC lifted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 23.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,919,381 shares of the company’s stock after buying an additional 369,005 shares during the period. LPL Financial LLC’s holdings in First Trust Senior Loan ETF were worth $88,752,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. PNC Financial Services Group Inc. acquired a new position in First Trust Senior Loan ETF during the 4th quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth about $32,000. DHJJ Financial Advisors Ltd. raised its position in shares of First Trust Senior Loan ETF by 377.2% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock valued at $36,000 after purchasing an additional 611 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in First Trust Senior Loan ETF in the 4th quarter worth approximately $36,000. Finally, Global Retirement Partners LLC grew its position in First Trust Senior Loan ETF by 27.4% during the 4th quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock worth $137,000 after purchasing an additional 635 shares during the last quarter.

First Trust Senior Loan ETF Stock Up 0.1 %

NASDAQ FTSL opened at $46.06 on Wednesday. First Trust Senior Loan ETF has a 12-month low of $45.23 and a 12-month high of $46.99. The company has a fifty day simple moving average of $46.13 and a two-hundred day simple moving average of $46.18.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.2625 per share. The ex-dividend date of this dividend was Friday, February 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.