SeaCrest Wealth Management LLC Has $428,000 Stock Position in First Trust Senior Loan ETF (NASDAQ:FTSL)

SeaCrest Wealth Management LLC raised its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 11.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,370 shares of the company’s stock after buying an additional 1,000 shares during the period. SeaCrest Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $428,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Tidemark LLC acquired a new position in shares of First Trust Senior Loan ETF in the 4th quarter worth approximately $33,000. Assetmark Inc. raised its position in First Trust Senior Loan ETF by 189.5% in the 4th quarter. Assetmark Inc. now owns 770 shares of the company’s stock valued at $35,000 after purchasing an additional 504 shares during the last quarter. Sachetta LLC acquired a new position in First Trust Senior Loan ETF in the fourth quarter worth $61,000. Consultiva Wealth Management CORP. bought a new stake in shares of First Trust Senior Loan ETF during the first quarter worth $100,000. Finally, Register Financial Advisors LLC acquired a new stake in shares of First Trust Senior Loan ETF in the second quarter valued at $115,000.

First Trust Senior Loan ETF Stock Performance

Shares of First Trust Senior Loan ETF stock traded down $0.27 during trading on Wednesday, reaching $45.83. The company’s stock had a trading volume of 59,938 shares, compared to its average volume of 284,405. The stock has a 50-day moving average price of $45.96 and a two-hundred day moving average price of $46.08. First Trust Senior Loan ETF has a one year low of $45.01 and a one year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.2875 dividend. The ex-dividend date of this dividend 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.