Ausdal Financial Partners Inc. Makes New Investment in First Trust Senior Loan ETF (NASDAQ:FTSL)

Ausdal Financial Partners Inc. acquired a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) in the fourth quarter, Holdings Channel.com reports. The firm acquired 4,947 shares of the company’s stock, valued at approximately $229,000.

Several other large investors have also made changes to their positions in the business. PNC Financial Services Group Inc. acquired a new position in First Trust Senior Loan ETF during the fourth quarter worth $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. lifted its stake in 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 buying an additional 611 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in First Trust Senior Loan ETF in the 4th quarter worth about $36,000. Finally, Global Retirement Partners LLC increased its stake 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 buying an additional 635 shares in the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of First Trust Senior Loan ETF stock opened at $45.69 on Friday. The business has a 50 day simple moving average of $46.09 and a two-hundred day simple moving average of $46.17. First Trust Senior Loan ETF has a 12 month low of $45.23 and a 12 month high of $46.55.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.26 dividend. The ex-dividend date is Thursday, March 27th. This represents a $3.12 dividend on an annualized basis and a yield of 6.83%.

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.