Chicago Partners Investment Group LLC Purchases 8,656 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Chicago Partners Investment Group LLC boosted its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 6.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 151,855 shares of the company’s stock after purchasing an additional 8,656 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust Senior Loan ETF were worth $6,970,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FTSL. Larson Financial Group LLC bought a new position in First Trust Senior Loan ETF in the 2nd quarter worth approximately $27,000. Farmers & Merchants Investments Inc. bought a new position in shares of First Trust Senior Loan ETF in the 2nd quarter valued at about $46,000. Trust Co. of Vermont acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $81,000. Consultiva Wealth Management CORP. bought a new stake in shares of First Trust Senior Loan ETF during the first quarter worth approximately $100,000. Finally, Register Financial Advisors LLC acquired a new position in First Trust Senior Loan ETF in the second quarter valued at approximately $115,000.

First Trust Senior Loan ETF Stock Up 0.1 %

Shares of FTSL stock opened at $45.98 on Friday. The firm’s 50 day moving average price is $46.04 and its two-hundred day moving average price is $46.03. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a dividend of $0.29 per share. The ex-dividend date was Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a dividend 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.