D.A. Davidson & CO. Sells 5,878 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

D.A. Davidson & CO. reduced its holdings in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 6.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 81,527 shares of the company’s stock after selling 5,878 shares during the quarter. D.A. Davidson & CO. owned 1.21% of First Trust Low Duration Strategic Focus ETF worth $1,530,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of LDSF. Creative Financial Designs Inc. ADV lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 12.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock worth $319,000 after buying an additional 1,858 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 3.9% during the 3rd quarter. Axxcess Wealth Management LLC now owns 299,813 shares of the company’s stock worth $5,744,000 after buying an additional 11,355 shares during the last quarter. Proactive Wealth Strategies LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 3rd quarter worth $779,000. MML Investors Services LLC lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 24.0% during the 3rd quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock worth $3,196,000 after buying an additional 32,275 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of First Trust Low Duration Strategic Focus ETF by 41.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 152,900 shares of the company’s stock worth $2,877,000 after buying an additional 44,572 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Trading Down 0.2 %

First Trust Low Duration Strategic Focus ETF stock opened at $18.82 on Friday. First Trust Low Duration Strategic Focus ETF has a 12 month low of $17.70 and a 12 month high of $19.26. The stock has a 50-day moving average price of $18.79 and a two-hundred day moving average price of $18.92.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a $0.072 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.86 annualized dividend and a yield of 4.59%.

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.