First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Bought by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC raised its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 5.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,265 shares of the company’s stock after buying an additional 6,413 shares during the period. First Trust Senior Loan ETF comprises about 0.9% of Lake Street Private Wealth LLC’s holdings, making the stock its 25th largest position. Lake Street Private Wealth LLC owned 0.28% of First Trust Senior Loan ETF worth $6,158,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Flagstar Advisors Inc. raised its stake in First Trust Senior Loan ETF by 361.2% in the fourth quarter. Flagstar Advisors Inc. now owns 61,938 shares of the company’s stock valued at $2,854,000 after buying an additional 48,508 shares in the last quarter. Principal Securities Inc. purchased a new position in shares of First Trust Senior Loan ETF during the fourth quarter worth about $522,000. Axxcess Wealth Management LLC grew its holdings in shares of First Trust Senior Loan ETF by 8.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 153,025 shares of the company’s stock worth $7,050,000 after purchasing an additional 12,203 shares during the last quarter. PCG Wealth Advisors LLC grew its holdings in shares of First Trust Senior Loan ETF by 5.9% during the fourth quarter. PCG Wealth Advisors LLC now owns 33,610 shares of the company’s stock worth $1,548,000 after purchasing an additional 1,874 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in shares of First Trust Senior Loan ETF by 54.7% during the fourth quarter. Avantax Advisory Services Inc. now owns 75,493 shares of the company’s stock worth $3,478,000 after purchasing an additional 26,692 shares during the last quarter.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL stock traded up $0.06 during mid-day trading on Wednesday, hitting $45.85. 80,023 shares of the stock were exchanged, compared to its average volume of 288,948. The stock’s fifty day simple moving average is $46.06 and its two-hundred day simple moving average is $46.10. First Trust Senior Loan ETF has a 12-month low of $45.01 and a 12-month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.2875 per share. The ex-dividend date was Thursday, June 27th.

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.