Assetmark Inc. Has $4.29 Million Stock Holdings in First Trust Senior Loan ETF $FTSL

Assetmark Inc. raised its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 114.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 93,582 shares of the company’s stock after purchasing an additional 49,990 shares during the quarter. Assetmark Inc.’s holdings in First Trust Senior Loan ETF were worth $4,290,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FTSL. Asset Dedication LLC bought a new stake in shares of First Trust Senior Loan ETF during the 2nd quarter worth $28,000. GoalVest Advisory LLC acquired a new position in First Trust Senior Loan ETF during the second quarter worth about $43,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of First Trust Senior Loan ETF in the third quarter worth about $137,000. Qube Research & Technologies Ltd lifted its holdings in shares of First Trust Senior Loan ETF by 111.5% in the second quarter. Qube Research & Technologies Ltd now owns 3,251 shares of the company’s stock worth $149,000 after acquiring an additional 1,714 shares during the last quarter. Finally, CX Institutional acquired a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter valued at approximately $149,000.

First Trust Senior Loan ETF Trading Up 0.0%

FTSL stock opened at $45.31 on Wednesday. The company has a 50 day simple moving average of $45.76 and a 200 day simple moving average of $45.86. First Trust Senior Loan ETF has a 1 year low of $44.30 and a 1 year high of $46.29.

First Trust Senior Loan ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were paid a $0.24 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Wednesday, January 21st.

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.