232,464 Shares in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Purchased by Mariner LLC

Mariner LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 232,464 shares of the company’s stock, valued at approximately $4,363,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SRS Capital Advisors Inc. purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter worth approximately $12,070,000. LPL Financial LLC boosted its position in First Trust Low Duration Strategic Focus ETF by 3.4% during the fourth quarter. LPL Financial LLC now owns 545,675 shares of the company’s stock worth $10,242,000 after purchasing an additional 18,003 shares in the last quarter. Mutual Advisors LLC grew its holdings in First Trust Low Duration Strategic Focus ETF by 342.9% in the fourth quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock valued at $3,351,000 after purchasing an additional 137,946 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in First Trust Low Duration Strategic Focus ETF by 4.7% in the fourth quarter. Sanctuary Advisors LLC now owns 160,120 shares of the company’s stock valued at $3,012,000 after purchasing an additional 7,220 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at $2,729,000.

First Trust Low Duration Strategic Focus ETF Trading Up 0.2 %

First Trust Low Duration Strategic Focus ETF stock opened at $18.79 on Monday. First Trust Low Duration Strategic Focus ETF has a 52 week low of $18.45 and a 52 week high of $19.26. The firm’s 50-day simple moving average is $18.84 and its 200 day simple moving average is $18.85.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.072 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.86 annualized dividend and a dividend yield of 4.60%.

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.