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

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) announced a monthly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of 0.075 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Low Duration Strategic Focus ETF Trading Down 0.4%

NASDAQ:LDSF traded down $0.07 during midday trading on Thursday, reaching $18.52. 534 shares of the stock traded hands, compared to its average volume of 29,780. First Trust Low Duration Strategic Focus ETF has a 12-month low of $18.53 and a 12-month high of $19.59. The business has a 50-day moving average of $18.81 and a two-hundred day moving average of $18.90.

Institutional Trading of First Trust Low Duration Strategic Focus ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. TD Capital Management LLC boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 100.2% in the 4th quarter. TD Capital Management LLC now owns 2,098 shares of the company’s stock worth $40,000 after purchasing an additional 1,050 shares in the last quarter. Western Wealth Management LLC acquired a new position in First Trust Low Duration Strategic Focus ETF during the 1st quarter valued at about $119,000. Integrated Wealth Concepts LLC acquired a new position in First Trust Low Duration Strategic Focus ETF during the 2nd quarter valued at about $161,000. Private Advisor Group LLC raised its stake in First Trust Low Duration Strategic Focus ETF by 8.1% in the first quarter. Private Advisor Group LLC now owns 38,715 shares of the company’s stock valued at $732,000 after buying an additional 2,886 shares during the last quarter. Finally, RFG Advisory LLC raised its stake in First Trust Low Duration Strategic Focus ETF by 4.3% in the first quarter. RFG Advisory LLC now owns 40,821 shares of the company’s stock valued at $772,000 after buying an additional 1,677 shares during the last quarter.

About First Trust Low Duration Strategic Focus ETF

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.