Fifth Third Bancorp Purchases New Shares in First Trust Senior Loan ETF $FTSL

Fifth Third Bancorp acquired a new stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 40,939 shares of the company’s stock, valued at approximately $1,834,000.

A number of other institutional investors and hedge funds have also made changes to their positions in FTSL. Simplicity Wealth LLC purchased a new stake in shares of First Trust Senior Loan ETF during the 1st quarter valued at about $432,000. Petix & Botte Co increased its stake in First Trust Senior Loan ETF by 9.5% during the first quarter. Petix & Botte Co now owns 135,926 shares of the company’s stock worth $6,089,000 after acquiring an additional 11,811 shares during the last quarter. Stenger Family Office LLC bought a new stake in First Trust Senior Loan ETF during the first quarter worth approximately $2,005,000. Raleigh Capital Management Inc. purchased a new stake in First Trust Senior Loan ETF during the first quarter valued at approximately $30,000. Finally, NBT Bank N A NY raised its position in First Trust Senior Loan ETF by 11,126.1% during the first quarter. NBT Bank N A NY now owns 5,164 shares of the company’s stock valued at $231,000 after purchasing an additional 5,118 shares during the period.

First Trust Senior Loan ETF Stock Down 0.1%

NASDAQ:FTSL opened at $44.73 on Thursday. First Trust Senior Loan ETF has a 1 year low of $44.37 and a 1 year high of $46.15. The business has a 50 day simple moving average of $44.93 and a 200-day simple moving average of $45.13.

First Trust Senior Loan ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be issued a dividend of $0.225 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date is Tuesday, July 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.