First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Position Increased by Cedrus LLC

Cedrus LLC increased its position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 14.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 512,084 shares of the company’s stock after purchasing an additional 65,677 shares during the period. First Trust Low Duration Strategic Focus ETF makes up approximately 3.6% of Cedrus LLC’s portfolio, making the stock its 6th largest position. Cedrus LLC owned about 7.64% of First Trust Low Duration Strategic Focus ETF worth $9,812,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC raised its stake in shares of First Trust Low Duration Strategic Focus ETF by 2.1% during the 2nd quarter. Axxcess Wealth Management LLC now owns 288,458 shares of the company’s stock worth $5,391,000 after buying an additional 5,888 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in First Trust Low Duration Strategic Focus ETF by 311.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 137,438 shares of the company’s stock valued at $2,569,000 after acquiring an additional 104,028 shares during the period. Sanctuary Advisors LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF in the second quarter valued at $2,008,000. Commonwealth Equity Services LLC boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 4.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 80,740 shares of the company’s stock worth $1,509,000 after purchasing an additional 3,292 shares in the last quarter. Finally, Raymond James & Associates grew its stake in shares of 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 purchasing an additional 3,314 shares during the period.

First Trust Low Duration Strategic Focus ETF Trading Up 0.1 %

Shares of LDSF opened at $19.05 on Friday. First Trust Low Duration Strategic Focus ETF has a 52-week low of $17.70 and a 52-week high of $19.26. The company has a 50-day simple moving average of $19.08 and a 200-day simple moving average of $18.84.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.072 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.86 dividend on an annualized basis and a yield of 4.54%.

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.