First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) to Issue Monthly Dividend of $0.08

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) announced a monthly dividend on Tuesday, August 20th, NASDAQ reports. Stockholders of record on Wednesday, August 21st will be paid a dividend of 0.075 per share on Friday, August 30th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date of this dividend is Wednesday, August 21st.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of LDSF stock traded down $0.05 on Wednesday, hitting $19.00. 13,122 shares of the company’s stock traded hands, compared to its average volume of 58,865. The company’s fifty day simple moving average is $18.84 and its 200 day simple moving average is $18.74. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.14.

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.