First Trust Senior Loan ETF (NASDAQ:FTSL) Shares Purchased by Milestone Asset Management LLC

Milestone Asset Management LLC raised its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,473 shares of the company’s stock after buying an additional 373 shares during the quarter. Milestone Asset Management LLC’s holdings in First Trust Senior Loan ETF were worth $484,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC grew its position in shares of First Trust Senior Loan ETF by 3,386.8% in the third quarter. International Assets Investment Management LLC now owns 339,788 shares of the company’s stock valued at $15,593,000 after purchasing an additional 330,043 shares during the period. JPMorgan Chase & Co. boosted its position in shares of First Trust Senior Loan ETF by 238.2% in the third quarter. JPMorgan Chase & Co. now owns 192,086 shares of the company’s stock worth $8,815,000 after acquiring an additional 135,283 shares during the last quarter. Capital Investment Counsel LLC increased its position in First Trust Senior Loan ETF by 95.3% during the fourth quarter. Capital Investment Counsel LLC now owns 274,218 shares of the company’s stock worth $12,680,000 after purchasing an additional 133,813 shares during the last quarter. Asset Allocation & Management Company LLC raised its stake in First Trust Senior Loan ETF by 561.4% during 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, Sanctuary Advisors LLC purchased a new position in First Trust Senior Loan ETF during the second quarter worth approximately $4,255,000.

First Trust Senior Loan ETF Stock Performance

FTSL stock opened at $46.25 on Friday. The business has a fifty day simple moving average of $46.32 and a 200-day simple moving average of $46.14. 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 company also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be issued a dividend of $0.2675 per share. The ex-dividend date is Wednesday, January 22nd.

First Trust Senior Loan ETF 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.