First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Declares Dividend Increase – $0.06 Per Share

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSFGet Rating) announced a monthly dividend on Monday, January 23rd, Zacks reports. Shareholders of record on Wednesday, January 25th will be given a dividend of 0.057 per share on Tuesday, January 31st. This represents a $0.68 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend is Tuesday, January 24th. This is an increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.06.

First Trust Low Duration Strategic Focus ETF Price Performance

LDSF stock opened at $18.66 on Wednesday. First Trust Low Duration Strategic Focus ETF has a 1-year low of $18.12 and a 1-year high of $19.90. The business’s 50 day simple moving average is $18.56 and its 200 day simple moving average is $18.62.

Hedge Funds Weigh In On First Trust Low Duration Strategic Focus ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. UBS Group AG acquired a new position in First Trust Low Duration Strategic Focus ETF in the 1st quarter valued at $29,000. Atria Wealth Solutions Inc. acquired a new stake in shares of First Trust Low Duration Strategic Focus ETF in the first quarter valued at approximately $218,000. Citadel Advisors LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF in the second quarter worth $692,000. Raymond James & Associates grew its stake in First Trust Low Duration Strategic Focus ETF by 209.6% during the first quarter. Raymond James & Associates now owns 64,975 shares of the company’s stock worth $1,261,000 after buying an additional 43,987 shares in the last quarter. Finally, Jane Street Group LLC raised its position in First Trust Low Duration Strategic Focus ETF by 90.8% during the first quarter. Jane Street Group LLC now owns 88,249 shares of the company’s stock valued at $1,713,000 after purchasing an additional 41,996 shares in the last quarter.

Further Reading

Dividend History for First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

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