OneAscent Financial Services LLC Invests $203,000 in First Trust Senior Loan ETF (NASDAQ:FTSL)

OneAscent Financial Services LLC acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,394 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Portfolio Partners LLC increased its holdings in shares of First Trust Senior Loan ETF by 8.3% during the fourth quarter. Private Portfolio Partners LLC now owns 50,058 shares of the company’s stock valued at $2,315,000 after acquiring an additional 3,849 shares in the last quarter. Bullseye Investment Management LLC bought a new stake in First Trust Senior Loan ETF during the 4th quarter valued at about $2,449,000. OneAscent Wealth Management LLC raised its holdings in First Trust Senior Loan ETF by 373.3% in the fourth quarter. OneAscent Wealth Management LLC now owns 39,200 shares of the company’s stock worth $1,813,000 after buying an additional 30,918 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of First Trust Senior Loan ETF by 12.3% in the fourth quarter. JPMorgan Chase & Co. now owns 215,778 shares of the company’s stock worth $9,978,000 after buying an additional 23,692 shares in the last quarter. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of First Trust Senior Loan ETF during the fourth quarter valued at approximately $229,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $44.58 on Friday. First Trust Senior Loan ETF has a twelve month low of $44.52 and a twelve month high of $46.55. The company has a 50 day moving average of $46.00 and a 200 day moving average of $46.15.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.26 dividend. This represents a $3.12 annualized dividend and a dividend yield of 7.00%. The ex-dividend date was Thursday, March 27th.

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.