Farther Finance Advisors LLC Increases Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Farther Finance Advisors LLC increased its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 5,674.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,182 shares of the company’s stock after purchasing an additional 9,023 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $425,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new stake in shares of First Trust Senior Loan ETF in the fourth quarter valued at $25,000. MassMutual Private Wealth & Trust FSB purchased a new stake in First Trust Senior Loan ETF during the fourth quarter valued at about $32,000. DHJJ Financial Advisors Ltd. increased its stake in First Trust Senior Loan ETF by 377.2% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock worth $36,000 after acquiring an additional 611 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in First Trust Senior Loan ETF during the fourth quarter worth about $36,000. Finally, Peterson Financial Group Inc. acquired a new stake in First Trust Senior Loan ETF during the third quarter worth about $98,000.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ:FTSL opened at $45.85 on Monday. The business has a 50-day moving average of $46.18 and a two-hundred day moving average of $46.18. First Trust Senior Loan ETF has a 12 month low of $45.23 and a 12 month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

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

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.