Mutual Advisors LLC Purchases 137,946 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Mutual Advisors LLC boosted its holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 342.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,173 shares of the company’s stock after buying an additional 137,946 shares during the quarter. Mutual Advisors LLC owned approximately 2.64% of First Trust Low Duration Strategic Focus ETF worth $3,351,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in LDSF. Cedrus LLC lifted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 14.7% during the third quarter. Cedrus LLC now owns 512,084 shares of the company’s stock worth $9,812,000 after purchasing an additional 65,677 shares during the period. Axxcess Wealth Management LLC lifted its holdings in First Trust Low Duration Strategic Focus ETF by 3.9% during the 3rd quarter. Axxcess Wealth Management LLC now owns 299,813 shares of the company’s stock worth $5,744,000 after buying an additional 11,355 shares during the period. Sanctuary Advisors LLC grew its position in shares of First Trust Low Duration Strategic Focus ETF by 41.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 152,900 shares of the company’s stock valued at $2,877,000 after buying an additional 44,572 shares during the last quarter. MML Investors Services LLC increased its stake in shares of First Trust Low Duration Strategic Focus ETF by 24.0% in the third quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock valued at $3,196,000 after buying an additional 32,275 shares during the period. Finally, Proactive Wealth Strategies LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF during the third quarter worth about $779,000.

First Trust Low Duration Strategic Focus ETF Trading Down 0.0 %

Shares of LDSF stock opened at $18.73 on Friday. The business’s 50 day simple moving average is $18.83 and its 200 day simple moving average is $18.93. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.26.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd will be paid a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date is Wednesday, January 22nd.

First Trust Low Duration Strategic Focus ETF 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.