First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Plans Dividend Increase – $0.06 Per Share

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF – Get Rating) declared a monthly dividend on Monday, January 23rd, Zacks reports. Shareholders of record on Wednesday, January 25th will be given a dividend of 0.057 per share on Tuesday, January 31st. This represents a $0.68 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Tuesday, January 24th. This is a positive change from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.06.

First Trust Low Duration Strategic Focus ETF Stock Down 0.1 %

LDSF opened at $18.64 on Wednesday. The firm’s fifty day moving average price is $18.56 and its two-hundred day moving average price is $18.62. First Trust Low Duration Strategic Focus ETF has a 1 year low of $18.12 and a 1 year high of $19.90.

Hedge Funds Weigh In On First Trust Low Duration Strategic Focus ETF

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