Jane Street Group LLC Sells 72,787 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Jane Street Group LLC trimmed its position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 67.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,507 shares of the company’s stock after selling 72,787 shares during the quarter. Jane Street Group LLC owned 0.51% of First Trust Low Duration Strategic Focus ETF worth $661,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LDSF. Creative Financial Designs Inc. ADV grew its stake in First Trust Low Duration Strategic Focus ETF by 12.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 16,666 shares of the company’s stock worth $319,000 after buying an additional 1,858 shares during the last quarter. Proactive Wealth Strategies LLC bought a new stake in First Trust Low Duration Strategic Focus ETF during the 3rd quarter worth approximately $779,000. Raymond James & Associates increased its holdings in First Trust Low Duration Strategic Focus ETF by 5.0% during the 2nd quarter. Raymond James & Associates now owns 69,891 shares of the company’s stock valued at $1,306,000 after purchasing an additional 3,314 shares in the last quarter. Commonwealth Equity Services LLC raised its position 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 purchasing an additional 3,292 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in First Trust Low Duration Strategic Focus ETF in the second quarter worth $2,008,000.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of NASDAQ:LDSF opened at $18.77 on Friday. The business has a fifty day moving average of $18.86 and a 200-day moving average of $18.93. First Trust Low Duration Strategic Focus ETF has a twelve month low of $17.70 and a twelve month high of $19.26.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date of this dividend was 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.