Sanctuary Advisors LLC Buys New Position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF)

Sanctuary Advisors LLC purchased a new position in First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 108,328 shares of the company’s stock, valued at approximately $2,008,000. Sanctuary Advisors LLC owned 1.27% of First Trust Low Duration Strategic Focus ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of LDSF. Axxcess Wealth Management LLC grew its stake in shares of First Trust Low Duration Strategic Focus ETF by 2.1% in the second quarter. Axxcess Wealth Management LLC now owns 288,458 shares of the company’s stock worth $5,391,000 after acquiring an additional 5,888 shares during the last quarter. Commonwealth Equity Services LLC grew 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 worth $1,509,000 after purchasing an additional 3,292 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of First Trust Low Duration Strategic Focus ETF by 311.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 137,438 shares of the company’s stock worth $2,569,000 after purchasing an additional 104,028 shares during the period. EdgeRock Capital LLC acquired a new position in shares of First Trust Low Duration Strategic Focus ETF during the second quarter valued at about $36,000. Finally, Cedrus LLC lifted its stake in shares of First Trust Low Duration Strategic Focus ETF by 16.9% in the second quarter. Cedrus LLC now owns 446,407 shares of the company’s stock valued at $8,343,000 after buying an additional 64,637 shares during the period.

First Trust Low Duration Strategic Focus ETF Stock Performance

Shares of LDSF opened at $19.01 on Wednesday. The stock’s 50-day moving average price is $19.06 and its 200 day moving average price is $18.83. First Trust Low Duration Strategic Focus ETF has a 12-month low of $17.70 and a 12-month high of $19.26.

First Trust Low Duration Strategic Focus ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.072 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date was Thursday, September 26th.

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.