Envestnet Portfolio Solutions Inc. Grows Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Envestnet Portfolio Solutions Inc. grew its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 155.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 62,990 shares of the company’s stock after buying an additional 38,357 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Senior Loan ETF were worth $2,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in FTSL. Moors & Cabot Inc. increased its holdings in First Trust Senior Loan ETF by 4.2% in the third quarter. Moors & Cabot Inc. now owns 18,771 shares of the company’s stock valued at $861,000 after buying an additional 762 shares in the last quarter. Blackhawk Capital Partners LLC. increased its stake in shares of First Trust Senior Loan ETF by 27.4% in the 3rd quarter. Blackhawk Capital Partners LLC. now owns 69,190 shares of the company’s stock valued at $3,175,000 after purchasing an additional 14,892 shares in the last quarter. Flagstar Advisors Inc. raised its holdings in First Trust Senior Loan ETF by 5.7% in the 3rd quarter. Flagstar Advisors Inc. now owns 57,718 shares of the company’s stock worth $2,649,000 after purchasing an additional 3,090 shares during the period. Kingsview Wealth Management LLC boosted its position in First Trust Senior Loan ETF by 12.3% during the third quarter. Kingsview Wealth Management LLC now owns 55,331 shares of the company’s stock worth $2,539,000 after purchasing an additional 6,041 shares in the last quarter. Finally, Capital Investment Counsel LLC grew its holdings in First Trust Senior Loan ETF by 593.0% in the third quarter. Capital Investment Counsel LLC now owns 140,405 shares of the company’s stock valued at $6,443,000 after purchasing an additional 120,145 shares during the period.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of FTSL stock opened at $45.94 on Thursday. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99. The stock has a 50 day simple moving average of $46.16 and a 200-day simple moving average of $46.18.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given 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.