First Trust Senior Loan ETF (NASDAQ:FTSL) Plans Monthly Dividend of $0.26

First Trust Senior Loan ETF (NASDAQ:FTSL) declared a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be given a dividend of 0.26 per share on Monday, March 31st. This represents a $3.12 annualized dividend and a yield of 6.82%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Senior Loan ETF Stock Performance

FTSL stock traded down $0.26 during mid-day trading on Thursday, hitting $45.75. The stock had a trading volume of 236,672 shares, compared to its average volume of 279,593. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.55. The company has a fifty day moving average of $46.11 and a 200 day moving average of $46.18.

Institutional Investors Weigh In On First Trust Senior Loan ETF

A hedge fund recently raised its stake in First Trust Senior Loan ETF stock. Brighton Jones LLC lifted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 22.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,860 shares of the company’s stock after purchasing an additional 1,073 shares during the quarter. Brighton Jones LLC’s holdings in First Trust Senior Loan ETF were worth $271,000 as of its most recent SEC filing.

First Trust Senior Loan ETF Company 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.