First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Increases Dividend to $0.07 Per Share

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) announced a monthly dividend on Tuesday, January 20th. Investors of record on Wednesday, January 21st will be paid a dividend of 0.073 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, January 21st. This is a 2.8% increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.07.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of NASDAQ:LDSF opened at $19.18 on Wednesday. First Trust Low Duration Strategic Focus ETF has a one year low of $18.56 and a one year high of $19.29. The firm has a 50 day simple moving average of $19.16 and a 200 day simple moving average of $19.11.

First Trust Low Duration Strategic Focus ETF Company 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.