Arax Advisory Partners Takes Position in First Trust Low Duration Strategic Focus ETF $LDSF

Arax Advisory Partners bought a new stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the 4th quarter, HoldingsChannel reports. The fund bought 540,407 shares of the company’s stock, valued at approximately $10,352,000. Arax Advisory Partners owned 0.07% of First Trust Low Duration Strategic Focus ETF at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Cetera Investment Advisers increased its holdings in First Trust Low Duration Strategic Focus ETF by 10.5% in the 2nd quarter. Cetera Investment Advisers now owns 37,530 shares of the company’s stock worth $713,000 after acquiring an additional 3,567 shares during the last quarter. Raymond James Financial Inc. increased its holdings in First Trust Low Duration Strategic Focus ETF by 81.0% in the 2nd quarter. Raymond James Financial Inc. now owns 301,420 shares of the company’s stock worth $5,727,000 after acquiring an additional 134,901 shares during the last quarter. Jane Street Group LLC increased its holdings in First Trust Low Duration Strategic Focus ETF by 6.4% in the 2nd quarter. Jane Street Group LLC now owns 15,619 shares of the company’s stock worth $297,000 after acquiring an additional 935 shares during the last quarter. MML Investors Services LLC increased its holdings in First Trust Low Duration Strategic Focus ETF by 4.7% in the 2nd quarter. MML Investors Services LLC now owns 176,282 shares of the company’s stock worth $3,349,000 after acquiring an additional 7,872 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in First Trust Low Duration Strategic Focus ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 14,820 shares of the company’s stock worth $282,000 after acquiring an additional 9,880 shares during the last quarter.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of LDSF opened at $18.94 on Friday. The business has a 50-day moving average of $18.96 and a 200 day moving average of $19.07. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $18.77 and a fifty-two week high of $19.59.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a $0.074 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a c) annualized dividend and a yield of 4.7%.

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.