Beaton Management Co. Inc. Purchases Shares of 8,400 First Trust Senior Loan ETF (NASDAQ:FTSL)

Beaton Management Co. Inc. purchased a new stake in First Trust Senior Loan ETF (NASDAQ:FTSL) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,400 shares of the company’s stock, valued at approximately $388,000.

A number of other large investors have also recently made changes to their positions in FTSL. New Century Financial Group LLC acquired a new stake in shares of First Trust Senior Loan ETF in the 3rd quarter valued at approximately $368,000. Integrity Financial Corp WA boosted its stake in First Trust Senior Loan ETF by 0.6% during the 3rd quarter. Integrity Financial Corp WA now owns 84,548 shares of the company’s stock valued at $3,880,000 after acquiring an additional 507 shares during the last quarter. Harbor Advisory Corp MA acquired a new stake in shares of First Trust Senior Loan ETF during the 3rd quarter worth approximately $289,000. Asset Allocation & Management Company LLC lifted its holdings in First Trust Senior Loan ETF by 561.4% in the third quarter. Asset Allocation & Management Company LLC now owns 112,440 shares of the company’s stock worth $5,160,000 after purchasing an additional 95,440 shares during the period. Finally, TFG Advisers LLC grew its position in First Trust Senior Loan ETF by 2.3% in the third quarter. TFG Advisers LLC now owns 14,538 shares of the company’s stock worth $667,000 after buying an additional 327 shares during the last quarter.

First Trust Senior Loan ETF Price Performance

NASDAQ FTSL opened at $46.27 on Tuesday. The company has a 50 day simple moving average of $46.30 and a 200-day simple moving average of $46.16. First Trust Senior Loan ETF has a 52-week low of $45.23 and a 52-week high of $46.99.

First Trust Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a $0.2675 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd.

First Trust Senior Loan ETF Company Profile

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.