First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Trading Up 0.1% – What’s Next?

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) shares traded up 0.1% on Tuesday . The stock traded as high as $19.16 and last traded at $19.14. 45,033 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 37,663 shares. The stock had previously closed at $19.13.

First Trust Low Duration Strategic Focus ETF Trading Up 0.1%

The business has a 50 day simple moving average of $19.15 and a two-hundred day simple moving average of $19.03.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, October 21st were given a dividend of $0.0727 per share. The ex-dividend date was Tuesday, October 21st. This represents a c) annualized dividend and a yield of 4.6%.

Institutional Trading of First Trust Low Duration Strategic Focus ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 4.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 20,048 shares of the company’s stock worth $383,000 after acquiring an additional 866 shares during the period. Jane Street Group LLC increased its position in First Trust Low Duration Strategic Focus ETF by 6.4% during the second quarter. Jane Street Group LLC now owns 15,619 shares of the company’s stock worth $297,000 after purchasing an additional 935 shares during the last quarter. Cetera Investment Advisers increased its position in First Trust Low Duration Strategic Focus ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 33,963 shares of the company’s stock worth $641,000 after purchasing an additional 1,106 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in First Trust Low Duration Strategic Focus ETF by 0.7% during the third quarter. Axxcess Wealth Management LLC now owns 284,205 shares of the company’s stock worth $5,434,000 after purchasing an additional 2,032 shares during the period. Finally, Mariner LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 1.3% in the 3rd quarter. Mariner LLC now owns 240,872 shares of the company’s stock valued at $4,605,000 after purchasing an additional 3,084 shares during the last quarter.

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.