First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Bought by Adams Wealth Management

Adams Wealth Management lifted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 27.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 154,086 shares of the company’s stock after purchasing an additional 33,589 shares during the period. First Trust Senior Loan ETF makes up approximately 1.4% of Adams Wealth Management’s holdings, making the stock its 19th biggest holding. Adams Wealth Management’s holdings in First Trust Senior Loan ETF were worth $7,125,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FTSL. Pine Valley Investments Ltd Liability Co lifted its position in First Trust Senior Loan ETF by 64.5% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 137,175 shares of the company’s stock valued at $6,295,000 after buying an additional 53,803 shares in the last quarter. Little Harbor Advisors LLC raised its stake in shares of First Trust Senior Loan ETF by 8.0% in the 3rd quarter. Little Harbor Advisors LLC now owns 143,155 shares of the company’s stock valued at $6,569,000 after acquiring an additional 10,604 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Senior Loan ETF by 238.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock valued at $8,815,000 after acquiring an additional 135,283 shares in the last quarter. HBW Advisory Services LLC boosted its position in First Trust Senior Loan ETF by 3.9% during the 4th quarter. HBW Advisory Services LLC now owns 15,252 shares of the company’s stock worth $705,000 after purchasing an additional 567 shares during the period. Finally, Boyce & Associates Wealth Consulting Inc. boosted its position in First Trust Senior Loan ETF by 29.0% during the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 22,534 shares of the company’s stock worth $1,042,000 after purchasing an additional 5,060 shares during the period.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $45.40 on Friday. First Trust Senior Loan ETF has a 12 month low of $44.30 and a 12 month high of $46.55. The business’s 50-day moving average is $45.76 and its two-hundred day moving average is $46.08.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.26 per share. This represents a $3.12 annualized dividend and a yield of 6.87%. The ex-dividend date of this dividend was Thursday, March 27th.

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.