Ameritas Advisory Services LLC Reduces Stock Holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Ameritas Advisory Services LLC decreased its position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 14.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,275 shares of the company’s stock after selling 4,356 shares during the period. Ameritas Advisory Services LLC owned 0.31% of First Trust Low Duration Strategic Focus ETF worth $491,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. EdgeRock Capital LLC purchased a new position in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter worth $37,000. Raymond James & Associates increased its stake in First Trust Low Duration Strategic Focus ETF by 5.0% during the 2nd quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock worth $1,306,000 after buying an additional 3,314 shares during the period. Axxcess Wealth Management LLC increased its position in shares of First Trust Low Duration Strategic Focus ETF by 2.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 353,055 shares of the company’s stock worth $6,654,000 after acquiring an additional 6,769 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings 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 purchasing an additional 7,695 shares during the period. Finally, Tidemark LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF in the 4th quarter valued at about $200,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of LDSF traded down $0.01 during midday trading on Friday, hitting $19.03. The company had a trading volume of 7,237 shares, compared to its average volume of 59,671. The company’s 50-day simple moving average is $18.87 and its 200-day simple moving average is $18.75. First Trust Low Duration Strategic Focus ETF has a 1 year low of $17.70 and a 1 year high of $19.14.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Wednesday, August 21st will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, August 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.73%.

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.