TrueWealth Advisors LLC Has $4.24 Million Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

TrueWealth Advisors LLC boosted its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 18.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,376 shares of the company’s stock after buying an additional 14,227 shares during the period. First Trust Senior Loan ETF comprises 1.4% of TrueWealth Advisors LLC’s investment portfolio, making the stock its 15th largest holding. TrueWealth Advisors LLC owned about 0.20% of First Trust Senior Loan ETF worth $4,239,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. increased its holdings in shares of First Trust Senior Loan ETF by 6.9% in the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock valued at $168,000 after purchasing an additional 239 shares during the period. Cambridge Advisors Inc. increased its holdings in shares of First Trust Senior Loan ETF by 1.8% in the 2nd quarter. Cambridge Advisors Inc. now owns 14,017 shares of the company’s stock valued at $641,000 after purchasing an additional 253 shares during the period. Murphy Middleton Hinkle & Parker Inc. increased its holdings in shares of First Trust Senior Loan ETF by 0.6% in the 2nd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 41,751 shares of the company’s stock valued at $1,908,000 after purchasing an additional 255 shares during the period. Western Wealth Management LLC increased its holdings in shares of First Trust Senior Loan ETF by 1.5% in the 2nd quarter. Western Wealth Management LLC now owns 18,172 shares of the company’s stock valued at $831,000 after purchasing an additional 261 shares during the period. Finally, Stephens Inc. AR increased its holdings in shares of First Trust Senior Loan ETF by 6.5% in the 3rd quarter. Stephens Inc. AR now owns 4,916 shares of the company’s stock valued at $226,000 after purchasing an additional 300 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of FTSL traded up $0.06 during trading hours on Friday, reaching $45.98. The company’s stock had a trading volume of 328,562 shares, compared to its average volume of 286,977. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99. The company has a 50 day moving average of $46.04 and a two-hundred day moving average of $46.03.

First Trust Senior Loan ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were issued a $0.29 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $3.48 dividend on an annualized basis and a dividend yield of 7.57%.

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.