First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Purchased by Valmark Advisers Inc.

Posted by Maria Luz-Campos on Oct 31st, 2024

Valmark Advisers Inc. grew its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL – Free Report) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,817 shares of the company’s stock after acquiring an additional 863 shares during the period. Valmark Advisers Inc.’s holdings in First Trust Senior Loan ETF were worth $1,047,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC acquired a new position in First Trust Senior Loan ETF in the second quarter worth about $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Senior Loan ETF in the 2nd quarter worth approximately $46,000. Trust Co. of Vermont bought a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter valued at approximately $81,000. Consultiva Wealth Management CORP. acquired a new stake in shares of First Trust Senior Loan ETF during the 1st quarter valued at approximately $100,000. Finally, Register Financial Advisors LLC bought a new position in First Trust Senior Loan ETF during the second quarter worth $115,000.

First Trust Senior Loan ETF Stock Up 0.0 %

First Trust Senior Loan ETF stock opened at $46.01 on Thursday. First Trust Senior Loan ETF has a 12 month low of $45.01 and a 12 month high of $46.99. The company has a fifty day moving average price of $46.03 and a two-hundred day moving average price of $46.03.

First Trust Senior Loan ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd will be given a dividend of $0.29 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.56%. The ex-dividend date is Tuesday, October 22nd.

First Trust Senior Loan ETF Profile

(Free Report)

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.