D.A. Davidson & CO. Increases Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

D.A. Davidson & CO. increased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 41.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 79,691 shares of the company’s stock after acquiring an additional 23,186 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Senior Loan ETF were worth $3,685,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTSL. International Assets Investment Management LLC lifted its stake in First Trust Senior Loan ETF by 3,386.8% in the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after acquiring an additional 330,043 shares during the period. Ocean Park Asset Management LLC purchased a new stake in First Trust Senior Loan ETF in the fourth quarter worth $13,715,000. Fairvoy Private Wealth LLC purchased a new stake in First Trust Senior Loan ETF in the fourth quarter worth $11,889,000. JPMorgan Chase & Co. lifted its stake in First Trust Senior Loan ETF by 238.2% in the third quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock worth $8,815,000 after acquiring an additional 135,283 shares during the period. Finally, Capital Investment Counsel LLC lifted its stake in First Trust Senior Loan ETF by 95.3% in the fourth quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock worth $12,680,000 after acquiring an additional 133,813 shares during the period.

First Trust Senior Loan ETF Stock Up 0.0 %

Shares of FTSL stock opened at $46.28 on Friday. The stock has a fifty day moving average of $46.28 and a 200 day moving average of $46.16. First Trust Senior Loan ETF has a 52 week low of $45.23 and a 52 week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.2675 dividend. The ex-dividend date was Wednesday, January 22nd.

First Trust Senior Loan ETF Company 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.