From MarketBeat: Friedenthal Financial Takes Position in First Trust Senior Loan ETF (NASDAQ:FTSL)
From MarketBeat:
Friedenthal Financial has purchased a new position in shares of First Trust Senior Loan ETF in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 88,252 shares of the company’s stock, valued at approximately $4,037,000. Several other large investors have also recently added to or reduced their stakes in FTSL.
The stock of First Trust Senior Loan ETF traded down 0.5% and had a 12-month low of $44.36 and a 12-month high of $46.30 on Monday. The firm has also announced a monthly dividend, which will be paid on Friday, December 29th, worth a dividend yield of 7.88%. The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund based on the S&P/LSTA U.S. Leveraged Loan 100 index.
Before considering investing in First Trust Senior Loan ETF, MarketBeat recommends considering other top-rated analyst-recommended stocks.
The news article discusses Friedenthal Financial purchasing shares of First Trust Senior Loan ETF, other large investors adding or reducing their stakes, stock performance, dividends, and information about the First Trust Senior Loan Fund. MarketBeat also recommends considering other top-rated analyst-recommended stocks.
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