D.A. Davidson & CO. Has $1.68 Million Stake in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

D.A. Davidson & CO. lowered its holdings in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 10.1% during the third quarter, Holdings Channel reports. The institutional investor owned 87,405 shares of the company’s stock after selling 9,864 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust Low Duration Strategic Focus ETF were worth $1,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of LDSF. Creative Financial Designs Inc. ADV boosted 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 valued at $319,000 after acquiring an additional 1,858 shares in the last quarter. EdgeRock Capital LLC bought a new position in First Trust Low Duration Strategic Focus ETF during the second quarter worth about $36,000. Commonwealth Equity Services LLC boosted its holdings in First Trust Low Duration Strategic Focus ETF by 4.3% during the second quarter. Commonwealth Equity Services LLC now owns 80,740 shares of the company’s stock valued at $1,509,000 after purchasing an additional 3,292 shares in the last quarter. Raymond James & Associates grew its stake in shares of First Trust Low Duration Strategic Focus ETF by 5.0% in the 2nd quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock valued at $1,306,000 after purchasing an additional 3,314 shares during the period. Finally, Axxcess Wealth Management LLC raised its holdings in shares of First Trust Low Duration Strategic Focus ETF by 2.1% in 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.

First Trust Low Duration Strategic Focus ETF Stock Performance

First Trust Low Duration Strategic Focus ETF stock opened at $18.94 on Friday. The business has a 50 day simple moving average of $18.96 and a 200 day simple moving average of $18.90. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.26.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were issued a dividend of $0.072 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.56%.

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.