Kingsview Wealth Management LLC Increases Stake in First Trust Senior Loan ETF (NASDAQ:FTSL)

Kingsview Wealth Management LLC boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 12.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 55,331 shares of the company’s stock after buying an additional 6,041 shares during the period. Kingsview Wealth Management LLC’s holdings in First Trust Senior Loan ETF were worth $2,539,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. International Assets Investment Management LLC lifted its stake in First Trust Senior Loan ETF by 3,386.8% in the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock worth $15,593,000 after acquiring an additional 330,043 shares during the last quarter. Cetera Investment Advisers lifted its stake in First Trust Senior Loan ETF by 424.0% during the first quarter. Cetera Investment Advisers now owns 323,042 shares of the company’s stock worth $14,928,000 after purchasing an additional 261,397 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in First Trust Senior Loan ETF by 22.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 919,922 shares of the company’s stock worth $42,050,000 after purchasing an additional 166,180 shares during the last quarter. Brookstone Capital Management lifted its position in shares of First Trust Senior Loan ETF by 1,311.9% during the 2nd quarter. Brookstone Capital Management now owns 165,350 shares of the company’s stock worth $7,638,000 after buying an additional 153,639 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. acquired a new position in shares of First Trust Senior Loan ETF in the 1st quarter valued at $4,621,000.

First Trust Senior Loan ETF Trading Up 0.1 %

Shares of NASDAQ:FTSL opened at $46.25 on Monday. The company’s fifty day moving average price is $46.15 and its 200 day moving average price is $46.05. First Trust Senior Loan ETF has a 12 month low of $45.01 and a 12 month high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be paid a $0.28 dividend. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Senior Loan ETF Profile

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.