Legacy Investment Solutions LLC Buys Shares of 60,087 First Trust Senior Loan ETF (NASDAQ:FTSL)

Legacy Investment Solutions LLC purchased a new position in First Trust Senior Loan ETF (NASDAQ:FTSL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 60,087 shares of the company’s stock, valued at approximately $2,786,000. First Trust Senior Loan ETF comprises approximately 1.7% of Legacy Investment Solutions LLC’s investment portfolio, making the stock its 15th biggest position. Legacy Investment Solutions LLC owned about 0.13% of First Trust Senior Loan ETF at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Larson Financial Group LLC purchased a new stake in First Trust Senior Loan ETF in the second quarter valued at about $27,000. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Senior Loan ETF during the second quarter valued at about $46,000. Trust Co. of Vermont purchased a new position in shares of First Trust Senior Loan ETF in the 3rd quarter valued at approximately $81,000. Peterson Financial Group Inc. acquired a new stake in First Trust Senior Loan ETF in the 3rd quarter worth approximately $98,000. Finally, NBC Securities Inc. grew its position in First Trust Senior Loan ETF by 6.9% during the 3rd quarter. NBC Securities Inc. now owns 3,681 shares of the company’s stock worth $168,000 after purchasing an additional 239 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

Shares of FTSL opened at $46.40 on Friday. The company’s fifty day moving average price is $46.18 and its 200-day moving average price is $46.05. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

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