Winebrenner Capital Management LLC Acquires Shares of 6,591 First Trust Senior Loan ETF (NASDAQ:FTSL)

Winebrenner Capital Management LLC bought a new position in First Trust Senior Loan ETF (NASDAQ:FTSL) in the 4th quarter, Holdings Channel.com reports. The firm bought 6,591 shares of the company’s stock, valued at approximately $305,000.

Other hedge funds also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB purchased a new position in First Trust Senior Loan ETF during the fourth quarter worth about $32,000. DHJJ Financial Advisors Ltd. boosted its holdings in First Trust Senior Loan ETF by 377.2% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock valued at $36,000 after purchasing an additional 611 shares in the last quarter. Peterson Financial Group Inc. acquired a new position in First Trust Senior Loan ETF during the 3rd quarter worth approximately $98,000. Global Retirement Partners LLC raised its stake in shares of First Trust Senior Loan ETF by 27.4% during the 4th quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock worth $137,000 after buying an additional 635 shares in the last quarter. Finally, FLC Capital Advisors acquired a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at approximately $210,000.

First Trust Senior Loan ETF Stock Performance

First Trust Senior Loan ETF stock opened at $45.97 on Friday. The stock’s 50 day moving average price is $46.28 and its 200 day moving average price is $46.17. 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 business also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.2625 per share. The ex-dividend date is Friday, February 21st.

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.