Sanctuary Advisors LLC Boosts Position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Sanctuary Advisors LLC lifted its stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 41.1% during the 3rd quarter, Holdings Channel reports. The fund owned 152,900 shares of the company’s stock after buying an additional 44,572 shares during the quarter. Sanctuary Advisors LLC’s holdings in First Trust Low Duration Strategic Focus ETF were worth $2,877,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Cedrus LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 14.7% in the 3rd quarter. Cedrus LLC now owns 512,084 shares of the company’s stock valued at $9,812,000 after buying an additional 65,677 shares during the period. Axxcess Wealth Management LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 3.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 299,813 shares of the company’s stock valued at $5,744,000 after buying an additional 11,355 shares during the period. MML Investors Services LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 24.0% in the 3rd quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock valued at $3,196,000 after buying an additional 32,275 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust Low Duration Strategic Focus ETF by 311.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 137,438 shares of the company’s stock valued at $2,569,000 after buying an additional 104,028 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in First Trust Low Duration Strategic Focus ETF by 4.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 80,740 shares of the company’s stock valued at $1,509,000 after buying an additional 3,292 shares during the period.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of LDSF opened at $18.83 on Wednesday. First Trust Low Duration Strategic Focus ETF has a 12-month low of $17.70 and a 12-month high of $19.26. The company’s 50-day moving average price is $18.91 and its 200 day moving average price is $18.93.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.072 dividend. This represents a $0.86 annualized dividend and a yield of 4.59%. The ex-dividend date of this dividend is Friday, December 13th.

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.