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

Raymond James Financial Inc. acquired a new position in shares of First Trust Low Duration Strategic Focus ETF (NASDAQ:LDSF) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 145,406 shares of the company’s stock, valued at approximately $2,729,000.

Several other large investors have also recently added to or reduced their stakes in LDSF. JPMorgan Chase & Co. bought a new position in First Trust Low Duration Strategic Focus ETF in the 3rd quarter worth approximately $146,000. Ameritas Advisory Services LLC acquired a new stake in First Trust Low Duration Strategic Focus ETF during the 4th quarter worth $480,000. Sanctuary Advisors LLC lifted its holdings in First Trust Low Duration Strategic Focus ETF by 41.1% during the third quarter. Sanctuary Advisors LLC now owns 152,900 shares of the company’s stock worth $2,877,000 after acquiring an additional 44,572 shares in the last quarter. MML Investors Services LLC lifted its holdings in First Trust Low Duration Strategic Focus ETF by 24.0% during the third quarter. MML Investors Services LLC now owns 166,795 shares of the company’s stock worth $3,196,000 after acquiring an additional 32,275 shares in the last quarter. Finally, Mutual Advisors LLC grew its stake in First Trust Low Duration Strategic Focus ETF by 342.9% in the fourth quarter. Mutual Advisors LLC now owns 178,173 shares of the company’s stock valued at $3,351,000 after acquiring an additional 137,946 shares during the period.

First Trust Low Duration Strategic Focus ETF Price Performance

NASDAQ LDSF opened at $18.84 on Friday. First Trust Low Duration Strategic Focus ETF has a one year low of $17.70 and a one year high of $19.26. The stock’s 50-day moving average is $18.85 and its 200-day moving average is $18.90.

First Trust Low Duration Strategic Focus ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.072 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.86 annualized dividend and a 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.