36,475 Shares in First Trust Senior Loan ETF (NASDAQ:FTSL) Purchased by Waverly Advisors LLC

Waverly Advisors LLC purchased a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 36,475 shares of the company’s stock, valued at approximately $1,685,000. Waverly Advisors LLC owned approximately 0.07% of First Trust Senior Loan ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FTSL. Clarus Wealth Advisors acquired a new stake in shares of First Trust Senior Loan ETF during the 4th quarter worth approximately $370,000. Tower Wealth Partners Inc. acquired a new position in shares of First Trust Senior Loan ETF in the 4th quarter valued at $8,841,000. DAVENPORT & Co LLC increased its position in shares of First Trust Senior Loan ETF by 26.5% during the 4th quarter. DAVENPORT & Co LLC now owns 58,754 shares of the company’s stock worth $2,707,000 after purchasing an additional 12,296 shares during the last quarter. StrategIQ Financial Group LLC raised its holdings in First Trust Senior Loan ETF by 10.4% in the 4th quarter. StrategIQ Financial Group LLC now owns 37,031 shares of the company’s stock valued at $1,706,000 after buying an additional 3,481 shares during the period. Finally, Clear Creek Financial Management LLC lifted its position in First Trust Senior Loan ETF by 10.1% in the fourth quarter. Clear Creek Financial Management LLC now owns 60,459 shares of the company’s stock valued at $2,785,000 after buying an additional 5,536 shares during the last quarter.

First Trust Senior Loan ETF Stock Down 0.1 %

Shares of FTSL stock opened at $45.95 on Wednesday. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99. The company has a 50-day moving average of $46.01 and a two-hundred day moving average of $46.09.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.2875 per share. The ex-dividend date was Thursday, June 27th.

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.