OneAscent Wealth Management LLC Acquires 30,918 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

OneAscent Wealth Management LLC boosted its holdings in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 373.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,200 shares of the company’s stock after acquiring an additional 30,918 shares during the quarter. First Trust Senior Loan ETF accounts for about 0.7% of OneAscent Wealth Management LLC’s portfolio, making the stock its 14th largest position. OneAscent Wealth Management LLC owned 0.08% of First Trust Senior Loan ETF worth $1,813,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. acquired a new position in shares of First Trust Senior Loan ETF during the fourth quarter worth $25,000. MassMutual Private Wealth & Trust FSB acquired a new position in First Trust Senior Loan ETF during the 4th quarter worth about $32,000. DHJJ Financial Advisors Ltd. grew its position in shares of First Trust Senior Loan ETF by 377.2% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 773 shares of the company’s stock valued at $36,000 after buying an additional 611 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $36,000. Finally, Global Retirement Partners LLC lifted its stake in shares of First Trust Senior Loan ETF by 27.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,954 shares of the company’s stock worth $137,000 after acquiring an additional 635 shares during the period.

First Trust Senior Loan ETF Price Performance

NASDAQ:FTSL opened at $45.69 on Friday. First Trust Senior Loan ETF has a fifty-two week low of $45.23 and a fifty-two week high of $46.55. The company has a 50 day simple moving average of $46.09 and a two-hundred day simple moving average of $46.17.

First Trust Senior Loan ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $0.26 per share. This represents a $3.12 annualized dividend and a dividend yield of 6.83%. The ex-dividend date is Thursday, March 27th.

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.