First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Acquired by Coastwise Capital Group LLC

Coastwise Capital Group LLC boosted its position in First Trust Senior Loan ETF (NASDAQ:FTSL) by 43.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,890 shares of the company’s stock after purchasing an additional 12,916 shares during the period. First Trust Senior Loan ETF makes up about 1.6% of Coastwise Capital Group LLC’s portfolio, making the stock its 12th largest holding. Coastwise Capital Group LLC owned 0.09% of First Trust Senior Loan ETF worth $1,968,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. acquired a new position in shares of First Trust Senior Loan ETF in the 3rd quarter worth approximately $718,000. Plotkin Financial Advisors LLC bought a new stake in First Trust Senior Loan ETF during the third quarter worth approximately $501,000. Encompass More Asset Management acquired a new position in First Trust Senior Loan ETF in the third quarter worth approximately $507,000. Flow Traders U.S. LLC increased its holdings in shares of First Trust Senior Loan ETF by 3.3% in the third quarter. Flow Traders U.S. LLC now owns 33,350 shares of the company’s stock valued at $1,530,000 after buying an additional 1,065 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of First Trust Senior Loan ETF by 3.9% during the 3rd quarter. Captrust Financial Advisors now owns 27,801 shares of the company’s stock valued at $1,276,000 after acquiring an additional 1,052 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

FTSL opened at $46.31 on Monday. The business has a fifty day simple moving average of $46.15 and a 200-day simple moving average of $46.05. First Trust Senior Loan ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were paid a $0.28 dividend. The ex-dividend date of this dividend was Thursday, November 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.