Mutual Advisors LLC Has $589,000 Stake in First Trust Low Duration Strategic Focus ETF $LDSF

Mutual Advisors LLC reduced its position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 49.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,788 shares of the company’s stock after selling 30,615 shares during the quarter. Mutual Advisors LLC owned 0.44% of First Trust Low Duration Strategic Focus ETF worth $589,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC purchased a new position in shares of First Trust Low Duration Strategic Focus ETF during the second quarter valued at $113,000. Cetera Investment Advisers grew its stake in First Trust Low Duration Strategic Focus ETF by 10.5% during the 2nd quarter. Cetera Investment Advisers now owns 37,530 shares of the company’s stock valued at $713,000 after acquiring an additional 3,567 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 81.0% in the 2nd quarter. Raymond James Financial Inc. now owns 301,420 shares of the company’s stock valued at $5,727,000 after purchasing an additional 134,901 shares during the period. Jane Street Group LLC increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 6.4% in the 2nd quarter. Jane Street Group LLC now owns 15,619 shares of the company’s stock valued at $297,000 after purchasing an additional 935 shares during the period. Finally, MML Investors Services LLC lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 4.7% in the second quarter. MML Investors Services LLC now owns 176,282 shares of the company’s stock worth $3,349,000 after purchasing an additional 7,872 shares in the last quarter.

First Trust Low Duration Strategic Focus ETF Stock Performance

LDSF stock opened at $19.16 on Friday. The firm has a 50 day simple moving average of $19.16 and a 200 day simple moving average of $19.13. First Trust Low Duration Strategic Focus ETF has a 52 week low of $18.56 and a 52 week high of $19.29.

First Trust Low Duration Strategic Focus ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were paid a $0.073 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Wednesday, January 21st.

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.