First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Shares Purchased by Raymond James & Associates

Raymond James & Associates boosted its stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFFree Report) by 104.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,175 shares of the company’s stock after buying an additional 20,504 shares during the quarter. Raymond James & Associates owned 0.65% of First Trust Low Duration Strategic Focus ETF worth $757,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LDSF. Commonwealth Equity Services LLC grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 7.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 67,238 shares of the company’s stock worth $1,233,000 after acquiring an additional 4,538 shares during the period. Cambridge Investment Research Advisors Inc. purchased a new position in shares of First Trust Low Duration Strategic Focus ETF in the third quarter valued at $543,000. NBC Securities Inc. purchased a new position in shares of First Trust Low Duration Strategic Focus ETF in the third quarter valued at $114,000. Mutual Advisors LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 2.1% during the 3rd quarter. Mutual Advisors LLC now owns 227,605 shares of the company’s stock worth $4,174,000 after buying an additional 4,662 shares during the last quarter. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF in the 3rd quarter worth about $6,351,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

NASDAQ:LDSF opened at $18.54 on Wednesday. The firm has a 50-day moving average price of $18.70 and a two-hundred day moving average price of $18.63. First Trust Low Duration Strategic Focus ETF has a twelve month low of $17.70 and a twelve month high of $19.14.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th will be given a dividend of $0.0655 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $0.79 annualized dividend and a dividend yield of 4.24%.

About First Trust Low Duration Strategic Focus ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

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