Assetmark Inc. Has $80,000 Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

Assetmark Inc. lessened its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 91.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,742 shares of the company’s stock after selling 17,746 shares during the period. Assetmark Inc.’s holdings in First Trust Senior Loan ETF were worth $80,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of First Trust Senior Loan ETF by 3,386.8% during the 3rd quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock valued at $15,593,000 after purchasing an additional 330,043 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust Senior Loan ETF by 424.0% during the 1st quarter. Cetera Investment Advisers now owns 323,042 shares of the company’s stock valued at $14,928,000 after purchasing an additional 261,397 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust Senior Loan ETF by 22.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 919,922 shares of the company’s stock valued at $42,050,000 after purchasing an additional 166,180 shares in the last quarter. Brookstone Capital Management boosted its position in shares of First Trust Senior Loan ETF by 1,311.9% during the 2nd quarter. Brookstone Capital Management now owns 165,350 shares of the company’s stock valued at $7,638,000 after purchasing an additional 153,639 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new stake in shares of First Trust Senior Loan ETF during the 1st quarter valued at about $4,621,000.

First Trust Senior Loan ETF Stock Up 0.2 %

FTSL stock opened at $46.44 on Tuesday. The stock’s 50 day simple moving average is $46.12 and its 200 day simple moving average is $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 Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were paid a $0.29 dividend. This represents a $3.48 annualized dividend and a dividend yield of 7.49%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.