Raymond James Financial Inc. Acquires New Shares in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Raymond James Financial Inc. acquired a new position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 145,406 shares of the company’s stock, valued at approximately $2,729,000. Raymond James Financial Inc. owned about 2.15% of First Trust Low Duration Strategic Focus ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the third quarter worth about $146,000. Mutual Advisors LLC grew its holdings in shares of First Trust Low Duration Strategic Focus ETF by 342.9% during the fourth quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock worth $3,351,000 after purchasing an additional 137,946 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of First Trust Low Duration Strategic Focus ETF by 41.1% in the third quarter. Sanctuary Advisors LLC now owns 152,900 shares of the company’s stock valued at $2,877,000 after acquiring an additional 44,572 shares during the period. MML Investors Services LLC increased its stake in First Trust Low Duration Strategic Focus ETF by 24.0% in the third quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock valued at $3,196,000 after purchasing an additional 32,275 shares during the period. Finally, SRS Capital Advisors Inc. acquired a new stake in First Trust Low Duration Strategic Focus ETF during the 4th quarter worth approximately $12,070,000.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of LDSF opened at $18.84 on Friday. First Trust Low Duration Strategic Focus ETF has a 1 year low of $17.70 and a 1 year high of $19.26. The company’s fifty day moving average is $18.85 and its two-hundred day moving average is $18.90.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Low Duration Strategic Focus ETF 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.