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

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFGet Free Report) declared a monthly dividend on Wednesday, March 20th, NASDAQ reports. Investors of record on Friday, March 22nd will be given a dividend of 0.0688 per share on Thursday, March 28th. This represents a $0.83 annualized dividend and a yield of 4.41%. The ex-dividend date is Thursday, March 21st.

First Trust Low Duration Strategic Focus ETF Price Performance

LDSF traded up $0.03 during trading on Thursday, hitting $18.73. 13,137 shares of the company traded hands, compared to its average volume of 62,819. The stock’s fifty day moving average is $18.77 and its 200 day moving average is $18.59. First Trust Low Duration Strategic Focus ETF has a one year low of $18.09 and a one year high of $18.93.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LDSF. OLD Mission Capital LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF in the fourth quarter worth about $2,758,000. Stifel Financial Corp purchased a new stake in First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at approximately $258,000. Royal Bank of Canada raised its stake in First Trust Low Duration Strategic Focus ETF by 14.9% in the third quarter. Royal Bank of Canada now owns 710,201 shares of the company’s stock valued at $13,025,000 after purchasing an additional 91,842 shares in the last quarter. Tower Research Capital LLC TRC grew its position in First Trust Low Duration Strategic Focus ETF by 39.5% during the third quarter. Tower Research Capital LLC TRC now owns 2,148 shares of the company’s stock valued at $39,000 after acquiring an additional 608 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in First Trust Low Duration Strategic Focus ETF by 1.6% during the second quarter. Osaic Holdings Inc. now owns 134,624 shares of the company’s stock valued at $2,483,000 after acquiring an additional 2,115 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Company Profile

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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.

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Dividend History for First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

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