HBW Advisory Services LLC Increases Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

HBW Advisory Services LLC grew its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,252 shares of the company’s stock after purchasing an additional 567 shares during the period. HBW Advisory Services LLC’s holdings in First Trust Senior Loan ETF were worth $705,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. NBC Securities Inc. increased its stake in First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after buying an additional 239 shares during the period. Stephens Inc. AR increased its position in shares of First Trust Senior Loan ETF by 6.5% during the third quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock worth $226,000 after acquiring an additional 300 shares during the period. TFG Advisers LLC raised its stake in shares of First Trust Senior Loan ETF by 2.3% in the third quarter. TFG Advisers LLC now owns 14,538 shares of the company’s stock valued at $667,000 after acquiring an additional 327 shares in the last quarter. Merkkuri Wealth Advisors LLC boosted its holdings in First Trust Senior Loan ETF by 6.6% in the third quarter. Merkkuri Wealth Advisors LLC now owns 5,799 shares of the company’s stock valued at $266,000 after purchasing an additional 357 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in First Trust Senior Loan ETF by 4.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,030 shares of the company’s stock valued at $369,000 after purchasing an additional 362 shares during the period.

First Trust Senior Loan ETF Stock Performance

Shares of NASDAQ FTSL opened at $46.39 on Friday. The stock’s 50-day moving average is $46.30 and its two-hundred day moving average is $46.10. First Trust Senior Loan ETF has a 1-year low of $45.23 and a 1-year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.275 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.