Kraft Davis & Associates LLC Decreases Stock Position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Kraft Davis & Associates LLC lessened its stake in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 108,364 shares of the company’s stock after selling 1,822 shares during the quarter. Kraft Davis & Associates LLC owned about 1.76% of First Trust Low Duration Strategic Focus ETF worth $2,035,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Raymond James & Associates boosted its stake in shares of First Trust Low Duration Strategic Focus ETF by 209.6% during the 1st quarter. Raymond James & Associates now owns 64,975 shares of the company’s stock valued at $1,261,000 after buying an additional 43,987 shares during the last quarter. UBS Group AG purchased a new position in shares of First Trust Low Duration Strategic Focus ETF during the 1st quarter valued at approximately $29,000. Atria Wealth Solutions Inc. purchased a new position in shares of First Trust Low Duration Strategic Focus ETF during the 1st quarter valued at approximately $218,000. Jane Street Group LLC boosted its stake in shares of First Trust Low Duration Strategic Focus ETF by 90.8% during the 1st quarter. Jane Street Group LLC now owns 88,249 shares of the company’s stock valued at $1,713,000 after buying an additional 41,996 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of First Trust Low Duration Strategic Focus ETF during the 2nd quarter valued at approximately $692,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of First Trust Low Duration Strategic Focus ETF stock traded down $0.03 on Friday, hitting $18.54. 31,122 shares of the company’s stock traded hands, compared to its average volume of 53,146. The firm’s 50-day moving average is $18.70 and its 200 day moving average is $18.62. First Trust Low Duration Strategic Focus ETF has a 52-week low of $17.70 and a 52-week high of $19.14.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.0688 per share. This represents a $0.83 annualized dividend and a dividend yield of 4.45%. The ex-dividend date of this dividend was Thursday, March 21st.

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.