Mutual Advisors LLC Acquires 137,946 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Mutual Advisors LLC boosted its holdings in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 342.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 178,173 shares of the company’s stock after acquiring an additional 137,946 shares during the quarter. Mutual Advisors LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $3,351,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new position in shares of First Trust Low Duration Strategic Focus ETF in the third quarter valued at approximately $146,000. Creative Financial Designs Inc. ADV boosted its holdings in 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 acquiring an additional 1,858 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF in the 4th quarter worth $480,000. Proactive Wealth Strategies LLC purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF in the third quarter valued at about $779,000. Finally, Sanctuary Advisors LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF during the second quarter valued at about $2,008,000.

First Trust Low Duration Strategic Focus ETF Stock Down 0.0 %

Shares of LDSF stock opened at $18.73 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 $18.83 and a two-hundred day simple moving average of $18.93.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.