Morey & Quinn Wealth Partners LLC Invests $486,000 in First Trust Senior Loan ETF (NASDAQ:FTSL)

Morey & Quinn Wealth Partners LLC bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,502 shares of the company’s stock, valued at approximately $486,000.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of First Trust Senior Loan ETF by 23.8% in the fourth quarter. LPL Financial LLC now owns 1,919,381 shares of the company’s stock worth $88,752,000 after purchasing an additional 369,005 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $66,923,000. One Capital Management LLC increased its stake in shares of First Trust Senior Loan ETF by 2.0% in the fourth quarter. One Capital Management LLC now owns 1,016,160 shares of the company’s stock valued at $46,987,000 after buying an additional 19,482 shares during the period. Flaharty Asset Management LLC raised its position in shares of First Trust Senior Loan ETF by 1.4% during the fourth quarter. Flaharty Asset Management LLC now owns 755,299 shares of the company’s stock worth $34,925,000 after acquiring an additional 10,700 shares during the last quarter. Finally, Welch & Forbes LLC lifted its stake in shares of First Trust Senior Loan ETF by 1.7% in the fourth quarter. Welch & Forbes LLC now owns 633,271 shares of the company’s stock worth $29,282,000 after acquiring an additional 10,565 shares during the period.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $46.06 on Wednesday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.99. The company has a 50 day simple moving average of $46.13 and a two-hundred day simple moving average of $46.18.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.2625 dividend. The ex-dividend date was Friday, February 21st.

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.