Integrated Wealth Concepts LLC Has $671,000 Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Integrated Wealth Concepts LLC increased its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 131.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,632 shares of the company’s stock after acquiring an additional 8,314 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in First Trust Senior Loan ETF were worth $671,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Larson Financial Group LLC acquired a new position in shares of First Trust Senior Loan ETF in the 2nd quarter worth approximately $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Senior Loan ETF in the 2nd quarter worth approximately $46,000. Trust Co. of Vermont acquired a new position in shares of First Trust Senior Loan ETF in the 3rd quarter worth approximately $81,000. Peterson Financial Group Inc. acquired a new position in shares of First Trust Senior Loan ETF in the 3rd quarter worth approximately $98,000. Finally, NBC Securities Inc. lifted its position in shares of First Trust Senior Loan ETF by 6.9% in the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after purchasing an additional 239 shares during the period.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $46.44 on Wednesday. First Trust Senior Loan ETF has a 52-week low of $45.01 and a 52-week high of $46.99. The company’s 50 day moving average price is $46.20 and its 200-day moving average price is $46.06.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were given a dividend of $0.28 per share. The ex-dividend date was Thursday, November 21st.

First Trust Senior Loan ETF 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.