Truist Financial Corp Acquires 40,629 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Truist Financial Corp lifted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 20.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 235,990 shares of the company’s stock after purchasing an additional 40,629 shares during the quarter. Truist Financial Corp owned approximately 0.49% of First Trust Senior Loan ETF worth $10,872,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FTSL. Whittier Trust Co. acquired a new position in First Trust Senior Loan ETF during the fourth quarter worth $36,000. Consultiva Wealth Management CORP. acquired a new position in shares of First Trust Senior Loan ETF during the 3rd quarter valued at about $99,000. Provence Wealth Management Group acquired a new position in shares of First Trust Senior Loan ETF during the third quarter worth approximately $123,000. NBC Securities Inc. bought a new stake in shares of First Trust Senior Loan ETF in the third quarter valued at approximately $162,000. Finally, Concorde Asset Management LLC acquired a new stake in shares of First Trust Senior Loan ETF in the third quarter worth $293,000.

First Trust Senior Loan ETF Trading Up 0.2 %

NASDAQ:FTSL opened at $46.03 on Thursday. First Trust Senior Loan ETF has a one year low of $44.53 and a one year high of $46.99. The company has a fifty day moving average price of $46.18 and a 200 day moving average price of $46.00.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were issued a dividend of $0.295 per share. The ex-dividend date was Tuesday, April 23rd. This represents a $3.54 annualized dividend and a dividend yield of 7.69%.

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.