First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF – Get Rating) by 1.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 239,442 shares of the company’s stock after selling 3,255 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 2.24% of First Trust Low Duration Strategic Focus ETF worth $4,399,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mutual Advisors LLC lifted its position in First Trust Low Duration Strategic Focus ETF by 0.4% during the second quarter. Mutual Advisors LLC now owns 222,820 shares of the company’s stock valued at $4,167,000 after purchasing an additional 817 shares during the period. UBS Group AG acquired a new position in First Trust Low Duration Strategic Focus ETF during the first quarter valued at $29,000. Private Trust Co. NA lifted its position in First Trust Low Duration Strategic Focus ETF by 43.1% during the third quarter. Private Trust Co. NA now owns 5,065 shares of the company’s stock valued at $93,000 after purchasing an additional 1,525 shares during the period. Acorn Financial Advisory Services Inc. ADV lifted its position in First Trust Low Duration Strategic Focus ETF by 24.1% during the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 13,484 shares of the company’s stock valued at $252,000 after purchasing an additional 2,620 shares during the period. Finally, Belpointe Asset Management LLC lifted its position in First Trust Low Duration Strategic Focus ETF by 6.0% during the second quarter. Belpointe Asset Management LLC now owns 48,989 shares of the company’s stock valued at $916,000 after purchasing an additional 2,761 shares during the period.

First Trust Low Duration Strategic Focus ETF Stock Performance

NASDAQ LDSF opened at $18.72 on Friday. First Trust Low Duration Strategic Focus ETF has a 1 year low of $18.12 and a 1 year high of $19.96. The company has a fifty day moving average of $18.51 and a 200 day moving average of $18.62.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 30th. Shareholders of record on Tuesday, December 27th were issued a $0.056 dividend. This is a boost from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Friday, December 23rd. This represents a $0.67 dividend on an annualized basis and a yield of 3.59%.