First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) Short Interest Update

First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 14,060 shares, a decline of 40.1% from the June 15th total of 23,491 shares. Based on an average daily trading volume, of 36,894 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

First Trust Low Duration Strategic Focus ETF Stock Down 0.1%

LDSF traded down $0.01 during trading on Friday, hitting $18.90. 18,155 shares of the stock traded hands, compared to its average volume of 29,272. First Trust Low Duration Strategic Focus ETF has a twelve month low of $18.77 and a twelve month high of $19.59. The business has a 50 day moving average price of $18.92 and a 200 day moving average price of $19.03.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.074 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Thursday, June 25th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. TD Capital Management LLC boosted its position in First Trust Low Duration Strategic Focus ETF by 100.2% during the fourth quarter. TD Capital Management LLC now owns 2,098 shares of the company’s stock valued at $40,000 after acquiring an additional 1,050 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF in the 4th quarter valued at about $101,000. Western Wealth Management LLC bought a new stake in shares of First Trust Low Duration Strategic Focus ETF during the 1st quarter valued at about $119,000. CWM LLC boosted its position in shares of First Trust Low Duration Strategic Focus ETF by 50.0% during the 4th quarter. CWM LLC now owns 7,921 shares of the company’s stock valued at $152,000 after purchasing an additional 2,641 shares in the last quarter. Finally, Crusonia Wealth Advisors LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF during the fourth quarter worth approximately $208,000.

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.