EdgeRock Capital LLC Acquires Shares of 1,949 First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

EdgeRock Capital LLC purchased a new position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,949 shares of the company’s stock, valued at approximately $36,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Raymond James & Associates boosted its holdings in First Trust Low Duration Strategic Focus ETF by 5.0% during the second 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 last quarter. Axxcess Wealth Management LLC increased its stake in shares of First Trust Low Duration Strategic Focus ETF by 2.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 353,055 shares of the company’s stock worth $6,654,000 after purchasing an additional 6,769 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 10.6% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 80,475 shares of the company’s stock worth $1,509,000 after buying an additional 7,695 shares in the last quarter. Tidemark LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF in the 4th quarter worth about $200,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of First Trust Low Duration Strategic Focus ETF by 25.7% in the first quarter. Commonwealth Equity Services LLC now owns 77,448 shares of the company’s stock valued at $1,452,000 after buying an additional 15,816 shares during the period.

First Trust Low Duration Strategic Focus ETF Trading Up 0.2 %

LDSF traded up $0.03 on Friday, hitting $19.02. 58,172 shares of the stock were exchanged, compared to its average volume of 60,935. First Trust Low Duration Strategic Focus ETF has a 12 month low of $17.70 and a 12 month high of $19.14. The business has a 50-day moving average of $18.86 and a two-hundred day moving average of $18.74.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Wednesday, August 21st will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, August 21st. This represents a $0.90 dividend on an annualized basis and a yield of 4.73%.

First Trust Low Duration Strategic Focus ETF 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.