Fifth Third Securities Inc. Invests $3.25 Million in First Trust Senior Loan ETF (NASDAQ:FTSL)

Fifth Third Securities Inc. bought a new position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 70,333 shares of the company’s stock, valued at approximately $3,252,000. Fifth Third Securities Inc. owned 0.14% of First Trust Senior Loan ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Truist Financial Corp grew its stake in First Trust Senior Loan ETF by 1.9% in the second quarter. Truist Financial Corp now owns 277,012 shares of the company’s stock valued at $12,662,000 after purchasing an additional 5,277 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust Senior Loan ETF by 1.6% during the 2nd quarter. Cetera Investment Advisers now owns 328,354 shares of the company’s stock worth $15,009,000 after acquiring an additional 5,312 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of First Trust Senior Loan ETF during the 2nd quarter worth about $4,255,000. Centaurus Financial Inc. lifted its position in shares of First Trust Senior Loan ETF by 42.4% during the 2nd quarter. Centaurus Financial Inc. now owns 6,831 shares of the company’s stock worth $312,000 after purchasing an additional 2,035 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of First Trust Senior Loan ETF by 5.0% during the 3rd quarter. Park Avenue Securities LLC now owns 41,659 shares of the company’s stock worth $1,912,000 after purchasing an additional 1,982 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 0.0 %

First Trust Senior Loan ETF stock opened at $46.25 on Friday. The business has a 50 day moving average price of $46.32 and a two-hundred day moving average price of $46.14. First Trust Senior Loan ETF has a 12 month low of $45.23 and a 12 month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a dividend of $0.2675 per share. The ex-dividend date is Wednesday, January 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.