Petix & Botte Co Acquires New Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Petix & Botte Co bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 53,338 shares of the company’s stock, valued at approximately $2,466,000.

A number of other hedge funds have also bought and sold shares of FTSL. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth $32,000. Trust Co. of Vermont purchased a new stake in First Trust Senior Loan ETF during the 3rd quarter valued at about $81,000. Peterson Financial Group Inc. acquired a new position in shares of First Trust Senior Loan ETF in the third quarter valued at about $98,000. NBC Securities Inc. raised its stake in shares of First Trust Senior Loan ETF by 6.9% in the third quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after purchasing an additional 239 shares during the last quarter. Finally, FLC Capital Advisors acquired a new stake in shares of First Trust Senior Loan ETF during the fourth quarter worth about $210,000.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of NASDAQ FTSL opened at $46.27 on Monday. First Trust Senior Loan ETF has a 52 week low of $45.23 and a 52 week high of $46.99. The business’s 50 day moving average price is $46.33 and its 200 day moving average price is $46.14.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be issued a $0.2675 dividend. The ex-dividend date is Wednesday, January 22nd.

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.