First Trust Senior Loan ETF (NASDAQ:FTSL) Position Raised by One Capital Management LLC

One Capital Management LLC boosted its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,362,059 shares of the company’s stock after buying an additional 60,909 shares during the quarter. First Trust Senior Loan ETF accounts for approximately 2.1% of One Capital Management LLC’s holdings, making the stock its 7th biggest position. One Capital Management LLC owned approximately 2.73% of First Trust Senior Loan ETF worth $62,260,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Senior Loan ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 728,333 shares of the company’s stock valued at $33,292,000 after purchasing an additional 73,314 shares during the last quarter. CoreCap Advisors LLC purchased a new stake in First Trust Senior Loan ETF during the 2nd quarter valued at $1,675,000. Oppenheimer & Co. Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 13.5% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 42,590 shares of the company’s stock valued at $1,947,000 after buying an additional 5,079 shares during the period. Seaview Investment Managers LLC boosted its stake in shares of First Trust Senior Loan ETF by 34.7% in the 2nd quarter. Seaview Investment Managers LLC now owns 5,946 shares of the company’s stock worth $272,000 after buying an additional 1,533 shares during the last quarter. Finally, TAP Consulting LLC bought a new stake in shares of First Trust Senior Loan ETF in the second quarter worth $1,000,000.

First Trust Senior Loan ETF Price Performance

FTSL stock opened at $46.09 on Monday. The business’s 50-day moving average is $45.96 and its two-hundred day moving average is $46.06. First Trust Senior Loan ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were issued a $0.29 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date was Wednesday, August 21st.

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.