HBW Advisory Services LLC Has $1.35 Million Stock Position in First Trust Senior Loan ETF $FTSL

HBW Advisory Services LLC increased its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 66.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,393 shares of the company’s stock after acquiring an additional 11,693 shares during the quarter. HBW Advisory Services LLC owned about 0.06% of First Trust Senior Loan ETF worth $1,347,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of FTSL. Asset Dedication LLC acquired a new stake in shares of First Trust Senior Loan ETF in the second quarter valued at approximately $28,000. Sachetta LLC increased its stake in First Trust Senior Loan ETF by 293.4% during the 2nd quarter. Sachetta LLC now owns 771 shares of the company’s stock worth $35,000 after acquiring an additional 575 shares during the period. GoalVest Advisory LLC acquired a new position in First Trust Senior Loan ETF in the 2nd quarter valued at $43,000. AdvisorNet Financial Inc acquired a new position in First Trust Senior Loan ETF in the 2nd quarter valued at $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of First Trust Senior Loan ETF by 459.9% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,551 shares of the company’s stock valued at $71,000 after acquiring an additional 1,274 shares during the period.

First Trust Senior Loan ETF Stock Down 0.1%

FTSL opened at $45.85 on Friday. First Trust Senior Loan ETF has a twelve month low of $44.30 and a twelve month high of $46.52. The company has a 50-day simple moving average of $45.86 and a 200 day simple moving average of $45.93.

First Trust Senior Loan ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a dividend of $0.24 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Friday, December 12th.

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. FTSL was launched on May 1, 2013 and is managed by First Trust.