AlphaStar Capital Management LLC Invests $455,000 in First Trust Senior Loan ETF (NASDAQ:FTSL)

Posted by Doug Wharley on Feb 10th, 2025

AlphaStar Capital Management LLC bought a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 9,840 shares of the company’s stock, valued at approximately $455,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB purchased a new position in First Trust Senior Loan ETF during the fourth quarter valued at $32,000. Trust Co. of Vermont acquired a new position in shares of First Trust Senior Loan ETF during the 3rd quarter worth about $81,000. Peterson Financial Group Inc. purchased a new position in First Trust Senior Loan ETF in the 3rd quarter valued at about $98,000. NBC Securities Inc. boosted its holdings in First Trust Senior Loan ETF by 6.9% in the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after buying an additional 239 shares during the last quarter. Finally, FLC Capital Advisors purchased a new stake in First Trust Senior Loan ETF during the 4th quarter worth approximately $210,000.

First Trust Senior Loan ETF Stock Performance

NASDAQ FTSL opened at $46.21 on Monday. The stock’s 50 day simple moving average is $46.31 and its 200-day simple moving average is $46.15. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.2675 per share. The ex-dividend date of this dividend was Wednesday, January 22nd.

First Trust Senior Loan ETF Company Profile

(Free Report)

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.