PCG Wealth Advisors LLC Purchases 1,891 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

PCG Wealth Advisors LLC boosted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.0% in the third quarter, Holdings Channel.com reports. The firm owned 39,544 shares of the company’s stock after buying an additional 1,891 shares during the quarter. PCG Wealth Advisors LLC’s holdings in First Trust Senior Loan ETF were worth $1,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Global Assets Advisory LLC increased its stake in shares of First Trust Senior Loan ETF by 4,518.0% in the 1st quarter. Global Assets Advisory LLC now owns 476,116 shares of the company’s stock worth $22,001,000 after acquiring an additional 465,806 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of First Trust Senior Loan ETF by 424.0% during the first quarter. Cetera Investment Advisers now owns 323,042 shares of the company’s stock valued at $14,928,000 after purchasing an additional 261,397 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of First Trust Senior Loan ETF by 22.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 919,922 shares of the company’s stock valued at $42,050,000 after purchasing an additional 166,180 shares during the last quarter. Brookstone Capital Management boosted its position in shares of First Trust Senior Loan ETF by 1,311.9% in the 2nd quarter. Brookstone Capital Management now owns 165,350 shares of the company’s stock worth $7,638,000 after purchasing an additional 153,639 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. purchased a new stake in shares of First Trust Senior Loan ETF in the 1st quarter worth approximately $4,621,000.

First Trust Senior Loan ETF Stock Up 0.1 %

NASDAQ:FTSL traded up $0.03 during trading hours on Wednesday, reaching $46.23. 86,690 shares of the company traded hands, compared to its average volume of 288,136. The business’s 50-day moving average price is $45.99 and its two-hundred day moving average price is $46.04. First Trust Senior Loan ETF has a 1 year low of $45.01 and a 1 year high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.29 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.53%. The ex-dividend date of this dividend was Thursday, September 26th.

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.