ShoreHaven Wealth Partners LLC Acquires 30,745 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

ShoreHaven Wealth Partners LLC boosted its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 168.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,003 shares of the company’s stock after acquiring an additional 30,745 shares during the quarter. First Trust Senior Loan ETF accounts for about 1.1% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 24th largest position. ShoreHaven Wealth Partners LLC owned 0.10% of First Trust Senior Loan ETF worth $2,249,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. NBC Securities Inc. lifted its position in First Trust Senior Loan ETF by 6.9% during the third quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock valued at $168,000 after purchasing an additional 239 shares in the last quarter. Cambridge Advisors Inc. boosted its stake in shares of First Trust Senior Loan ETF by 1.8% during the 2nd quarter. Cambridge Advisors Inc. now owns 14,017 shares of the company’s stock worth $641,000 after purchasing an additional 253 shares during the period. Murphy Middleton Hinkle & Parker Inc. boosted its stake in shares of First Trust Senior Loan ETF by 0.6% during the 2nd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 41,751 shares of the company’s stock worth $1,908,000 after purchasing an additional 255 shares during the period. Western Wealth Management LLC boosted its position in First Trust Senior Loan ETF by 1.5% in the 2nd quarter. Western Wealth Management LLC now owns 18,172 shares of the company’s stock valued at $831,000 after buying an additional 261 shares during the period. Finally, Ameritas Advisory Services LLC boosted its position in First Trust Senior Loan ETF by 1.1% in the 2nd quarter. Ameritas Advisory Services LLC now owns 28,934 shares of the company’s stock valued at $1,323,000 after buying an additional 316 shares during the period.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of FTSL opened at $45.98 on Friday. The company has a 50 day moving average price of $46.04 and a 200-day moving average price of $46.04. First Trust Senior Loan ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd will be given a dividend of $0.29 per share. The ex-dividend date is Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a yield of 7.57%.

About First Trust Senior Loan ETF

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.