Nations Financial Group Inc. IA ADV Buys 3,922 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Nations Financial Group Inc. IA ADV boosted its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 92,301 shares of the company’s stock after acquiring an additional 3,922 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in First Trust Senior Loan ETF were worth $4,268,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. NBC Securities Inc. raised its position in 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 acquiring an additional 239 shares during the period. Stephens Inc. AR raised its position in shares of First Trust Senior Loan ETF by 6.5% in the third quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock valued at $226,000 after purchasing an additional 300 shares during the period. TFG Advisers LLC raised its position in shares of First Trust Senior Loan ETF by 2.3% in the third quarter. TFG Advisers LLC now owns 14,538 shares of the company’s stock valued at $667,000 after purchasing an additional 327 shares during the period. Kingswood Wealth Advisors LLC raised its position in shares of First Trust Senior Loan ETF by 4.1% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 8,409 shares of the company’s stock valued at $389,000 after purchasing an additional 335 shares during the period. Finally, Merkkuri Wealth Advisors LLC raised its position in shares of First Trust Senior Loan ETF by 6.6% in the third quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock valued at $266,000 after purchasing an additional 357 shares during the period.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $46.27 on Friday. The company’s 50 day moving average is $46.30 and its 200-day moving average is $46.15. First Trust Senior Loan ETF has a 12-month low of $45.23 and a 12-month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

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

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.