Commonwealth Equity Services LLC Sells 15,215 Shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Commonwealth Equity Services LLC reduced its stake in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) by 18.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,331 shares of the company’s stock after selling 15,215 shares during the quarter. Commonwealth Equity Services LLC owned approximately 1.03% of First Trust Low Duration Strategic Focus ETF worth $1,301,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in LDSF. JPMorgan Chase & Co. purchased a new stake in shares of First Trust Low Duration Strategic Focus ETF during the third quarter valued at about $146,000. Ameritas Advisory Services LLC bought a new position in shares of First Trust Low Duration Strategic Focus ETF during the 4th quarter worth approximately $480,000. Sowell Financial Services LLC purchased a new stake in First Trust Low Duration Strategic Focus ETF during the fourth quarter valued at approximately $2,564,000. Raymond James Financial Inc. purchased a new stake in First Trust Low Duration Strategic Focus ETF during the fourth quarter valued at approximately $2,729,000. Finally, Sanctuary Advisors LLC boosted its stake in 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 in the last quarter.

First Trust Low Duration Strategic Focus ETF Price Performance

Shares of LDSF stock opened at $18.84 on Monday. First Trust Low Duration Strategic Focus ETF has a 12-month low of $17.70 and a 12-month high of $19.26. The business’s fifty day simple moving average is $18.85 and its 200-day simple moving average is $18.90.

First Trust Low Duration Strategic Focus ETF Dividend Announcement

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

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.