First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Raises Dividend to $0.07 Per Share

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) announced a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Shareholders of record on Friday, August 21st will be given a dividend of 0.075 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Friday, August 21st. This is a 1.4% increase from First Trust Low Duration Strategic Focus ETF’s previous monthly dividend of $0.07.

First Trust Low Duration Strategic Focus ETF Trading Down 0.3%

Shares of LDSF stock traded down $0.06 during trading hours on Friday, reaching $18.84. The company’s stock had a trading volume of 13,009 shares, compared to its average volume of 29,412. The firm’s 50 day simple moving average is $18.88 and its 200-day simple moving average is $18.97. First Trust Low Duration Strategic Focus ETF has a fifty-two week low of $18.75 and a fifty-two week high of $19.59.

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.