Financial Enhancement Group LLC Grows Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Financial Enhancement Group LLC boosted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 226.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,632 shares of the company’s stock after buying an additional 61,475 shares during the quarter. Financial Enhancement Group LLC owned 0.19% of First Trust Senior Loan ETF worth $3,982,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in shares of First Trust Senior Loan ETF by 1,677.5% during the 1st quarter. BNP Paribas Financial Markets now owns 19,748 shares of the company’s stock worth $913,000 after acquiring an additional 18,637 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in First Trust Senior Loan ETF by 350.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 45,294 shares of the company’s stock valued at $2,093,000 after buying an additional 35,230 shares during the period. Significant Wealth Partners LLC grew its stake in First Trust Senior Loan ETF by 81.8% in the 1st quarter. Significant Wealth Partners LLC now owns 16,060 shares of the company’s stock worth $742,000 after acquiring an additional 7,228 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of First Trust Senior Loan ETF by 21.1% during the first quarter. Concurrent Investment Advisors LLC now owns 62,528 shares of the company’s stock worth $2,889,000 after acquiring an additional 10,883 shares during the period. Finally, Endowment Wealth Management Inc. raised its stake in shares of First Trust Senior Loan ETF by 4.4% during the first quarter. Endowment Wealth Management Inc. now owns 34,229 shares of the company’s stock valued at $1,582,000 after acquiring an additional 1,443 shares in the last quarter.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of NASDAQ FTSL opened at $46.13 on Thursday. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99. The stock has a 50 day moving average price of $46.05 and a 200 day moving average price of $46.03.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were issued a $0.29 dividend. This represents a $3.48 annualized dividend and a dividend yield of 7.54%. The ex-dividend date of this dividend was Tuesday, October 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.