Koshinski Asset Management Inc. Raises Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Koshinski Asset Management Inc. raised its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 185.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,144 shares of the company’s stock after purchasing an additional 14,396 shares during the period. Koshinski Asset Management Inc.’s holdings in First Trust Senior Loan ETF were worth $1,024,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FTSL. Kingsview Wealth Management LLC lifted its position in shares of First Trust Senior Loan ETF by 12.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 55,331 shares of the company’s stock worth $2,539,000 after buying an additional 6,041 shares during the last quarter. Moloney Securities Asset Management LLC lifted its holdings in First Trust Senior Loan ETF by 5.7% in the third quarter. Moloney Securities Asset Management LLC now owns 47,470 shares of the company’s stock worth $2,178,000 after acquiring an additional 2,539 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. boosted its stake in First Trust Senior Loan ETF by 6.4% in the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 17,474 shares of the company’s stock valued at $802,000 after acquiring an additional 1,052 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of First Trust Senior Loan ETF by 6.7% during the third quarter. Nations Financial Group Inc. IA ADV now owns 88,379 shares of the company’s stock valued at $4,056,000 after purchasing an additional 5,572 shares during the last quarter. Finally, Integrity Financial Corp WA raised its position in shares of First Trust Senior Loan ETF by 0.6% during the 3rd quarter. Integrity Financial Corp WA now owns 84,548 shares of the company’s stock worth $3,880,000 after purchasing an additional 507 shares during the period.

First Trust Senior Loan ETF Stock Performance

Shares of FTSL opened at $46.48 on Wednesday. First Trust Senior Loan ETF has a 12 month low of $45.23 and a 12 month high of $46.99. The stock has a fifty day moving average price of $46.34 and a 200 day moving average price of $46.13.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.275 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.