First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Plans Monthly Dividend of $0.07

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) announced a monthly dividend on Thursday, November 20th. Investors of record on Friday, November 21st will be paid a dividend of 0.0727 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, November 21st.

First Trust Low Duration Strategic Focus ETF Trading Up 0.1%

Shares of LDSF opened at $19.16 on Friday. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $18.56 and a fifty-two week high of $19.29. The stock has a fifty day moving average of $19.15 and a two-hundred day moving average of $19.03.

Institutional Trading of First Trust Low Duration Strategic Focus ETF

A number of hedge funds have recently added to or reduced their stakes in LDSF. LPL Financial LLC grew its holdings in First Trust Low Duration Strategic Focus ETF by 35.2% in the 1st quarter. LPL Financial LLC now owns 738,016 shares of the company’s stock valued at $13,926,000 after buying an additional 192,341 shares during the period. Royal Bank of Canada boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 55.1% in the first quarter. Royal Bank of Canada now owns 555,610 shares of the company’s stock worth $10,484,000 after acquiring an additional 197,326 shares during the last quarter. Raymond James Financial Inc. grew its holdings in First Trust Low Duration Strategic Focus ETF by 13.0% in the third quarter. Raymond James Financial Inc. now owns 340,534 shares of the company’s stock valued at $6,511,000 after purchasing an additional 39,114 shares during the period. Axxcess Wealth Management LLC increased its position in First Trust Low Duration Strategic Focus ETF by 0.7% during the third quarter. Axxcess Wealth Management LLC now owns 284,205 shares of the company’s stock worth $5,434,000 after purchasing an additional 2,032 shares during the last quarter. Finally, Capital Asset Advisory Services LLC raised its stake in First Trust Low Duration Strategic Focus ETF by 1.2% during the third quarter. Capital Asset Advisory Services LLC now owns 283,708 shares of the company’s stock worth $5,424,000 after purchasing an additional 3,306 shares during the period.

First Trust Low Duration Strategic Focus ETF Company Profile

The First Trust Low Duration Strategic Focus ETF (LDSF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds. Holdings consist of short-term fixed income securities, primarily from US issuers LDSF was launched on Jan 3, 2019 and is managed by First Trust.