Cambridge Investment Research Advisors Inc. Raises Holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 311.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 137,438 shares of the company’s stock after acquiring an additional 104,028 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 1.60% of First Trust Low Duration Strategic Focus ETF worth $2,569,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF in the 4th quarter valued at $451,000. EdgeRock Capital LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF in the fourth quarter valued at about $37,000. Principal Securities Inc. purchased a new position in shares of First Trust Low Duration Strategic Focus ETF in the fourth quarter worth about $1,065,000. Tidemark LLC acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF during the fourth quarter worth about $200,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in First Trust Low Duration Strategic Focus ETF by 10.6% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 80,475 shares of the company’s stock valued at $1,509,000 after buying an additional 7,695 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Price Performance

LDSF opened at $19.02 on Monday. First Trust Low Duration Strategic Focus ETF has a 12-month low of $17.70 and a 12-month high of $19.14. The firm has a 50 day moving average of $18.88 and a two-hundred day moving average of $18.75.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were issued a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.90 annualized dividend and a dividend yield of 4.73%.

First Trust Low Duration Strategic Focus ETF 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.