CacheTech Inc. Purchases 15,353 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

CacheTech Inc. increased its position in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 14.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 120,497 shares of the company’s stock after acquiring an additional 15,353 shares during the period. First Trust Senior Loan ETF makes up about 1.2% of CacheTech Inc.’s holdings, making the stock its 21st biggest position. CacheTech Inc. owned 0.26% of First Trust Senior Loan ETF worth $5,530,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FTSL. Gladstone Institutional Advisory LLC grew its position in First Trust Senior Loan ETF by 4.1% during the third quarter. Gladstone Institutional Advisory LLC now owns 57,468 shares of the company’s stock worth $2,637,000 after buying an additional 2,237 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of First Trust Senior Loan ETF by 10.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 6,779 shares of the company’s stock valued at $311,000 after acquiring an additional 659 shares in the last quarter. Stephens Inc. AR boosted its position in shares of First Trust Senior Loan ETF by 6.5% during the 3rd quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock valued at $226,000 after acquiring an additional 300 shares during the last quarter. Twin Peaks Wealth Advisors LLC grew its holdings in shares of First Trust Senior Loan ETF by 6.3% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 59,804 shares of the company’s stock worth $2,744,000 after purchasing an additional 3,566 shares in the last quarter. Finally, Valmark Advisers Inc. increased its position in shares of First Trust Senior Loan ETF by 3.9% in the third quarter. Valmark Advisers Inc. now owns 22,817 shares of the company’s stock worth $1,047,000 after purchasing an additional 863 shares during the last quarter.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of First Trust Senior Loan ETF stock opened at $45.98 on Friday. 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 simple moving average of $46.04 and a two-hundred day simple moving average of $46.03.

First Trust Senior Loan ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were issued a dividend of $0.29 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend was Tuesday, October 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.